Bears Defeat Bulls as PSX Loses 216 Points 

The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bearish trend, losing 216.06 points on Thursday to close at 85,453.22 points.  A total of 503,750,595 shares were traded during the day as compared to 596,052,076 shares the previous trading day, whereas the price of shares stood at Rs. 27.912 billion against Rs. 31.341 billion on the last trading day.  As many as 313 companies transacted their shares in the stock market, 115 of them recorded gains and 189 sustained losses, whereas the share price of 9 companies remained unchanged.  The three top trading companies were PTCL with 52,237,770 shares at Rs. 14.52 per share, Hub Power Company with 46,573,519 shares at Rs. 112.73 per share and PIA Holding Company with 25,513,036 shares at Rs. 20.35 per share.  Unilever Pakistan Foods Limited witnessed a maximum increase of Rs. 28.71 per share price, closing at Rs. 17,700.50, whereas the runner-up was Buxly Paints Limited with Rs. 16.70 rise in its per share price to Rs. 183.72.  Hallmark Company Limited witnessed a maximum decrease of Rs. 134.72 per share closing at Rs 1,213.31 followed by Rafhan Maize Products Company Limited with Rs. 122.00 decline to close at Rs 7,028.00.