BusinessDownturn in Pakistan Stock Exchange

Downturn in Pakistan Stock Exchange

KARACHI: The Pakistan Stock Exchange (KSE) remained in a bearish trend after trading fluctuations on Thursday.

As a result, the total volume of capital fell from Rs. 74 trillion to Rs. 73 trillion.

The Pakistan Stock Exchange (PSE) KSE-100 Index declined by 324.27 points on Thursday, taking its index from 43111.10 points to 43786.83 points.

The KSE All Shares Index fell from 30147.81 points to 29989.23 points. Due to the business downturn, the market capitalization decreased by Rs. 39.78 billion, as a result of which the total volume of capital decreased from Rs. 74.20 billion to Rs.

A total of 308 companies traded on the Pakistan Stock Exchange (PSE) on Thursday with a total turnover of 308 companies, including C93 companies. , 193 declined and 22 companies’ share prices remained stable.

In terms of turnover, Ghani Global topped the list with 11.1 million shares, Pak Electron 92 million, K Electric Limited 7.6 million, Telecard Limited 7.4 million and Ghani Global Glass 5.2 million shares traded.

After which its share price increased to Rs. 2500.00. Similarly, with an increase of Rs. 17.92, the share price of Shield Corporation increased to Rs. 307.90.

Its share price fell to Rs 871.11. Similarly, the share price of Gatron Industries fell by Rs 39.37 to Rs 485.63.

Related Stories

State Bank reduced the interest rate after 4 years

The State Bank of Pakistan (SBP) has announced a reduction in interest rates after four years. The Monetary Policy...

Petroleum products prices likely to drop further by Rs.4

From June 1, the prices of petroleum products are expected to decrease by Rs.4 per liter. Sources said that due...

2 Pakistan telecom companies block 3500 SIMs

2 Pakistan telecom companies block around 3500 SIMs. According to the spokesperson of the Federal Board of Revenue, a telecom...

Trending on DiariesPK