KARACHI: The Karachi Stock Exchange benchmark KSE-100 index Friday remained under pressure and ended in negative zone, shedding 163.41 points to drop to 33048.51 level.
The market recorded the highest trading level of 33247.99 points and lowest level of 33033.37 points, with the volume of 58,811,020 shares, having Rs6.3 billion value. As many as 315 companies were active; of which 121 advanced, 179 declined and 15 remained unchanged.
Commercial banks remained the highest traded sector with total volume of 55,609,800 shares, while oil & gas marketing companies remained second traded sector with a total volume of 31, 992,850 shares.
The three top traded companies were Bank of Punjab with a volume of 45,282,000 and price per share of 9.75 (0.56), Sui South Gas with a volume 28,140,500 of price per share of 45 (1.07), TRG Pak Ltd with a volume 9,204,000 of price per share of 37.25 (-0.70).
The top three gainers were Bata (Pak) XD with price per share 3445 (140), Exide (PAK) with price per share of 922.79 (43.94) and Mari Petroleum with price per share of 658.11 (31.33).
The top three losers were Nestle Pak with price per share of 7490.75 (-394.25), Sapphire Fiber with price per share of 731.50 (-38.50) and Ferozsons (Lab) per share of 1100.50 (-33.34).
Earlier, the KSE-100 index remained almost flat in early trading and added only 4.71 points to reach 33216.63 level on Friday. Till midday, the stocks witnessed fluctuation in trading and went to negative zone till midday after shedding 15 points to reach 33196.32 level.
On Thursday, the Karachi stock market closed bullish amid cautious activity on uncertain global equities and commodities. The KSE 100-share index rallied by 191.66 points to close at 33211.92 points. Total volume decreased to 171m shares as compared to 195m shares of Wednesday while traded value stood at Rs8.8b. Of total 347 companies that participated in the session, 171 finished in green, 159 in red, while 17 went unchanged.
