KSE-100 index plunged by 550 points

ISLAMABAD: Pakistan Stock Exchange (PSX) Wednesday witnessed bearish trend as KSE 100 index plunged by 550.65 points (-1.48 percent) to close at 36,579.32 points.

In overall 43,304 trades, a total of 141,177,960 shares were traded, whereas the value of shares traded during the day stood at Rs 4.111 billion.

Out of 347 companies, share prices of 43 companies recorded increase while 284 companies registered decrease whereas 20 companies remained stable in today’s trading.

The three top traded companies were Unity Foods (R) with a volume of 25,515,500 and price per share of Rs 2.25, World Call Telecom with a volume of 17,986,500 and price per share of Rs 1.04 and K-Electric Ltd 11,584,500 and price per share of Rs 4.98.

The top advancer was Nestle Pakistan with the increase of Rs 279.33 per share, closing at Rs 7,768 while Atlas Honda Ltd was runner up with the increase of Rs 15 per share, closing at Rs 375.

The top decliners were Island Textile with the decrease of Rs 28.01 per share, closing at Rs 1894.99 and Wyeth Pak LtdXD with the decrease of Rs 25.97 per share closing at Rs 897.02.