Bearish trend continues at PSX, index sheds 357 points

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KARACHI: Karachi Stock Exchange (KSE) 100 index closed on lower having 49470.28 points with a negative change of 357.23 and volume of 110,808,320 shares.

High and Low were 49909.33 and 49445.69 respectively. Total volume traded in the market was 398,976,470 shares with total 388 traded companies out of which were up 178 and 193 were down and 17 were changed.

COMMERCIAL BANKS were the top traded sectors with total traded volume of 64,572,600 shares. It was followed by CHEMICAL with a total traded volume of 45,967,700 shares.

The three top companies were Engro Polymer with a volume of 36,646,000 and price per share of 29.00 (0.81), Aisha Steel Mill with a volume 27,945,500 of price per share of 26.08 (0.88) and Azgard Nine with a volume 26,973,000 of price per share of 14.29 (0.18).

The top three advancers were Sanofi-AventisXD with price per share 2358.79 (112.32), Pak Tobacco XD with price per share of 1591.00 (74.57) and Sapphire Tex.  with price per share of 1522.23 (72.48).

The top three decliners were Nestle PakistanXD with price per share of 9014.01 (385.99), Wyeth Pak Ltd XD with price per share of 2355.66 (114.54) and Rafhan Maize XD with price per share of 7200.00 (100.00).

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