PSX drops 1,665 points, closing at 41,051

The Pakistan Stock Exchange (PSX) KSE 100 index was on a downtrend on Friday, losing 1,665.18 points, a negative change of 3.90%, closing at 41,051.79 points from 42,716.97 points on Friday. last working day.

A total of 424,229,317 shares were traded during the day against 349,488,911 shares the day before, while the share price stood at Rs 12.806 billion against Rs 10.136 billion on the last trading day.

As many as 364 companies traded shares on the stock market, 61 of them recorded gains and 287 suffered losses, while the share price of 16 companies remained unchanged.

The top three trading companies were K-Electric Ltd with a volume of 36,666,500 shares and a price per share of Rs 2.86, Cnergyico Pk with a volume of 25,853,800 and a price per share of Rs 5.35 and Pak Refinery with a volume of 25,300,378 and a price per share. from Rs18.10.

Mehmood Tex saw a peak rise of Rs60.48 per share, closing at Rs866.96 while runner-up Philip Morris Pak, whose share price climbed from Rs23 to Rs563.

Nestle Pakistan saw a maximum drop of Rs 200 per share closing at Rs 5,700, followed by Bata (Pak), whose share price fell by Rs 162.17 to close at Rs 2,004.66.

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