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PSX: Bourse closes at 40,248 shedding 17 points!

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  • Post category:Business / Economy
  • Post last modified:24/11/2017
  • Reading time:1 mins read

KARACHI: Continued political noise discouraged investors to the extent that bears forced the bourse close flattish on week’s last trading day.

Rs. 4.5b worth of 106.3m shares were traded today. Value of the shares of 162 companies plummeted, 152 augmented, while 14 remained stagnant.  

Power Generation & Distribution, Textile and Banking Sectors led the trading today with 17.8m, 10.8m and 8.7m shares respectively.

Today’s top five traders of shares were: K-Electric Ltd., 25.9m shares (+6.00pc); Azgard Nine: 9.5m shares (+3.23pc); Bank of Punjab, 5.3m shares (-0.72pc); Tri-Star Poly(R), 5.0m shares (-17.78pc); TRG Pak Ltd., 4.0m shares (-0.36pc).