Pakistan Stock Exchange stays bearish, loses 953 points

ISLAMABAD (APP) - The 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Tuesday, shedding 953.60 points, a negative change of 1.45, closing at 64,801.70 points against 65,755.31 points the previous trading day.

A total of 321,709,242 shares valuing Rs 10.857 billion were traded during the day as compared to 548,764,652 shares valuing Rs 16.605 billion the last day.

Some 328 companies transacted their shares in the stock market; 57 of them recorded gains and 254 sustained losses, whereas the share prices of 17 remained unchanged.

Meanwhile, the per tola price of 24 karat gold in the local market decreased by Rs100 and was traded at Rs230,100 on Tuesday as against its sale at Rs230,200 on the last trading day.

The price of 10 grams 24 karat gold also decreased by Rs86 to Rs197,274 from Rs197,360 whereas that 10 gram 22 karat gold decreased to Rs.180,834 from Rs180,913.

The price of per tola and ten gram silver witnessed no change and was traded at Rs2,600 and Rs2,229.08 respectively. The price of gold in the international market decreased by $1 and was traded at $2,197 from $2,198.