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PSX continues with bearish trend, loses 735 more points

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ISLAMABAD, Oct 9 (APP):The Pakistan Stock Exchange (PSX) continued with bearish trend on Thursday, as the benchmark KSE-100 index shed 735.94 points, showing a negative change of 0.45 percent, closing at 164,530.81 points against 165,266.75 points on the previous trading day.
A total of 1,570,375,438 shares were traded during the day compared to 1,274,692,822 shares in the previous session, while the share value stood at Rs50.52 billion against Rs61.13 billion previously.
As many as 481 companies transacted their shares in the stock market; of these, 184 recorded gains, 264 sustained losses, and 33 remained unchanged.
The three top-trading companies were K-Electric Limited with 278,930,151 shares at Rs6.92 per share, WorldCall Telecom with 193,587,358 shares at Rs1.77 per share, and Pakistan Telecommunication Company Limited (PTCL) with 119,852,815 shares at Rs35.68 per share.
Unilever Pakistan Foods Limited recorded the maximum increase of Rs167.64 per share, closing at Rs30,167.64, followed by Supernet Technologies Limited, which rose by Rs152.97 to close at Rs1,682.66.
On the other hand, Nestle Pakistan Limited witnessed a maximum decrease of Rs43.20 per share, closing at Rs8,306.78, followed by Shahmurad Sugar Mills Limited, which declined by Rs37.22 to close at Rs445.32.
In the futures market, a total of 330 companies transacted shares, of which 91 recorded gains, 237 sustained losses, and 2 remained unchanged.
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