PSX Suffers Major Setback, Loses 1,578 Points

News Desk

Islamabad: The 100-index of the Pakistan Stock Exchange (PSX) experienced a bearish trend, dropping 1,578.70 points (a negative change of 1.97 percent) and closing at 78,539.19 points against 80,117.89 points on the last working day.

There were 375,599,184 shares traded in total during the day as compared to 479,000,434 shares the previous day, whereas the price of shares stood at Rs 19.350 billion against Rs 27.851 billion on the last trading day.

Around 446 companies transacted their shares in the stock market; 80 companies recorded gains, 319 suffered losses, and 47 remained unchanged.

Notable trades included K-Electric Limited and Pak Elektron, while JDW Sugar Mills Limited saw a significant increase in share price. APP