KARACHI: The Karachi Stock Exchange Wednesday almost touched the 33,000 psychological barrier to reach 32962 level but dropped some gains as KSE-100 index added 53 points to reach 32865 till midday.
The stocks recorded the highest trading level of 32961.78 points and lowest level of 32797.02 points, with the volume of 37,396,220 shares, having about Rs3 billion value. As many as 264 companies were active; of which 126 advanced, 120 declined and 18 remained unchanged.
Technology & communication remained the highest traded sector with total volume of 21,942,000 shares, while commercial banks remained second traded sector with a total volume of 12,994,000 shares.
The three top traded companies were TRG Pak Ltd with a volume of 7,300,500 and price per share of 35.10 (0.09), Pak Elektron with a volume 6,282,000 of price per share of 62.70 (-2.11), and Jah Sidd Co with a volume 3,307,000 of price per share of 21.40 (-0.15).
The top three gainers were Nestle Pak with price per share 8200 (220), Unilever Foods with price per share of 6200 (200) and Pak Tobacco with price per share of 1065 (38.71).
The top three losers were Sapphire Fiber with price per share of 741 (-38.50), NoonPakNonVot with price per share of 187.28 -9.85) and Exide (PAK) per share of 920 (-8.24).
Earlier, the Karachi stock remained almost flat as 100-index gained 9.24 points to reach 32821 points level in early trading.
On Tuesday, the KSE-100 index added 137.85 points to close at 32,811.89. Profit booking was witnessed in the second half after the index climbed to intra-day high by 278 points. Traded volume increased to 144.7 million and value rose to Rs8.6 billion. Retail favourites – TRG (down 2.24pc), JSCL (up 1.61pc) and PAEL (down 4.03pc) – emerged as volume leaders.
