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PSX witnesses bearish pattern, loses 1,378 factors

The 100-index of the Pakistan Inventory Change (PSX) witnessed a bearish pattern on Tuesday, dropping 1,378.54 factors, a detrimental change of three.47 %, closing at 38,342.21 towards 39,720.75 factors the day before today. A complete of 205,906,982 shares had been traded through the day as in comparison with 105,542,468 shares the day before today, whereas the worth of shares stood at Rs 6.710 billion towards Rs 3.203 billion on the final buying and selling day. As many as 340 firms transacted their shares within the inventory market; 34 of them recorded positive factors and 281 sustained losses, whereas the share value of 25 firms remained unchanged. The three top-trading firms had been Ok-Electrical with 29,912,473 shares at Rs 2.07 per share, WorldCAll Telecom with 14,479,623 shares at Rs 1.10 per share, and Sui North Gasoline with 9,689,650 shares at Rs 35.33 per share. Nestle Pakistan witnessed a most improve of Rs 196.00 per share value, closing at Rs 5,595.00, whereas the runner-up was Pak Companies with a Rs 104.00 rise in its per share value to Rs 439.92. Bhanero Textile witnessed a most lower of Rs 76.80 per share closing at Rs 948.20, adopted by Bata (Pak) with Rs 69.00 decline to shut at Rs 851.00.

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