The Pakistan Stock Exchange (PSX) experienced a bearish trend on Tuesday (March 5), with the 100-index losing 225.68 points, marking a negative change of 0.34 percent and closing at 65,726.04 points. This was a decline from the previous trading day’s closing at 65,951.73 points.
During the trading session, a total of 396,598,408 shares were traded, valued at Rs16.591 billion, in comparison to the previous day’s 472,862,687 shares valued at Rs16.282 billion.
Among the companies traded, 134 recorded gains, 202 sustained losses, and the share prices of 14 remained unchanged out of the 350 companies that transacted their shares.
The top three trading companies were Kohinoor Spinning, Pak Refinery, and PTCL. Kohinoor Spinning traded 39,721,000 shares at Rs 5.50 per share, Pak Refinery traded 34,045,456 shares at Rs 28.96 per share, and PTCL traded 24,851,077 shares at Rs 12.22 per share.
Rafhan Maize Products Company Limited saw the highest increase in share price, rising by Rs 252.16 to close at Rs 8,888.88 per share. Sazgar Engineering Works Limited followed with a Rs 26.45 increase, closing at Rs 379.18 per share.
On the other hand, Unilever Pakistan Foods Limited witnessed the most significant decrease, with its share price dropping by Rs 700.00 to close at Rs 21,100 per share, followed by Nestle Pakistan Limited with a decline of Rs 192.50 to close at Rs 7,677.50 per share.