ISLAMABAD – The Pakistan stock trade (PSX) Tuesday witnessed bearish trend as KSE 100 index closed at 28,564.83 points compared to 30,667.41 factors at the last running day with the terrible trade of two,102.

.58 factors (6.68%).

a total of ninety eight,788,497 shares valuing 2.484 billion had been traded towards 244,998,438 stocks valuing Rs8.470 billion on the day past.

The stocks of some 285 organizations have been transacted inside the inventory market, 24 of them recorded profits and 253 sustained losses whereas the share charge of eight companies remained unchanged.

The three pinnacle traded businesses had been k-electric Ltd with a quantity of 25,596,500 shares and fee according to share of Rs2.Ninety nine, solidarity meals Ltd with a extent of 11,911,500 and price according to share of Rs8.Seventy one, and bank of Punjab XD with a quantity of 9,611,500 and fee in keeping with share of Rs8.01.

Bata (Pak) recorded maximum increase of Rs47.87 in keeping with share, ultimate at Rs1408.58 at the same time as Sapphire Fiber turned into the runner-up with the boom of Rs33.35 in line with percentage, final at Rs809.Ninety nine. Colgate Palm recorded most lower of Rs162.Seventy nine according to share, final at Rs2,007.87, while the fees of Philip Morris Pak reduced via Rs145.Fifty four consistent with percentage last at Rs1795.11.

The PSX prompted marketplace Halt at eleven:37 am because of five percentage decline in KSE-30 Index and all of the equity based totally spinoff markets remained suspended for one hundred twenty minutes.