Pakistan Stock Exchange observes 2,265 points decrease this week
Pakistan Stock Exchange witnessed fluctuating trends throughout the week as it lost 2,265 points during the trading.
Sources say that the fluctuation is noticed due to the outbreak of coronavirus in many countries and due to the recognition of two cases in Pakistan as well.
The 100-Index did not make 38,000 points. It was closed at 37,983 points during the trading week that remain from Monday to yesterday (Friday).
The weekly report says that 86 crores shares worth 37 billion rupees were traded during the week. Market capitalization observes a decline of Rs 436 billion last week. Around Rs 7,094 billion was recorded last week.
Pakistan stock exchange (PSX) experienced a bearish trend as KSE100 index closed at 37,983.62. The index dropped by 130 points from 38,087.32 on the last working day (Yesterday).
Pakistan Stock Exchange 28 Feb 2020 Summary
Today a total of 202,177,240 shares were traded whereas 249,243,030 shares were traded yesterday. The total value of the shares traded was 8.606 billion whereas yesterday the total value of the shares traded was to Rs 10.004 billion.
A total of 358 companies’ shares were transacted in the Stock Market, out of these 173 recorded gain and 162 recorded losses. The share price of 24 companies remained unchanged.
The top traded companies were Hascol petroleum with a total volume of 18,530,500 shares and price/share of Rs 18.83, Maple Leaf with a total volume of 17,632,500 and price/share of Rs 24.39 and Unity Foods Limited with a total volume of 14,049,500 and price/ share of Rs 12.98.
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