The Karachi Stock Exchange 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Monday, losing 660.46 points, with a negative change of 1.53 percent, closing at 42,440.25 points against 43,100.71 points on the last working day.
A total of 118,986,341 shares were traded during the day compared to the trade of 189,926,559 shares the previous day, whereas the price of shares stood at Rs3.576 billion against Rs3.830 billion on last trading day.
As many as 314 companies transacted shares in the stock market, 48 of them recorded gain and 250 sustained losses, whereas the share price of 16 companies remained unchanged.
The three top trading companies were Silk Bank Ltd with a volume of 9,979,000 shares and price per share of Rs1.32, WorldCall Telecom with volume of 7,624,000 and price per share of Rs1.50 and K-Electric Ltd with volume of 6,123,500 and price per share of Rs2.50.
Bhanero Tex witnessed a maximum increase of Rs102.45 per share, closing at Rs1,525 whereas the runner up was Blessed Tex, the share prices of which climbed up by Rs19.99 to Rs509.99. Bata (Pak) witnessed maximum decrease of Rs99 closing at Rs1,900 followed by Rafhan Maize, the share price of which declined by Rs90 to close at Rs9,990.