PSX witnesses bearish trend as market closes at 42,023 points

KARACHI: The Pakistan Stock Exchange (PSX) on Friday witnessed a bearish trend as the KSE-100 Index closed at 42,023 points, losing 165.11 points, or 0.39%, as compared to 42,188.11 points on the last working day.

A total of 758,076,861 shares worth Rs24.758 billion were traded as opposed to 919,471,486 shares worth Rs26.544 billion traded the previous day.

Some 180 of the 413 companies that transacted shares in the stock market registered gains whereas 224 sustained losses, while the share price of 15 remained unchanged.

Hascol Petroleum Limited (HASCOL), Fauji Foods Limited (FFL), and Unity Foods Limited (UNITY) were among the top traded companies, with 73,163,000 , 51,655,500 , and 41,349,500 of their shares traded, respectively.

The closing prices of BIPL, TRG, and POWER were Rs20.04, Rs15.10, and Rs15.73 per share, respectively.