Bearish trend in stock exchange

Karachi:The KSE-100 Index closed Wednesday at 38547.76 points as compared to 38612.37 points on the last working day with a negative change of 64.61 points.

The total turnover was 83,084,330 as compared to 70,809,410 on the last working day with P.T.C.L. having the highest turnover of 11,183,500.

Total 338 companies’ transacted shares in the Stock Market today (Wednesday), out of which 112 recorded gains and 205 sustained losses whereas the share price of 21 companies remained unchanged. Unilever Foods recorded the maximum increase in its share price, which was 99.00 rupees while Philip Morris Pak recorded maximum decrease of 198.75 rupees.