KARACHI: The Karachi Stock Exchange Wednesday finished almost flat as the benchmark KSE-100 Index inched up by only 13.14 points to close at 33,825.03 points
The stocks recorded the highest trading level of 32961.78 points and lowest level of 32797.0232734.06 points, with the volume of 93,846,738 shares, having about Rs6.39 billion value. As many as 317 companies were active; of which 160 advanced, 143 declined and 14 remained unchanged.
Commercial banks remained the highest traded sector with total volume of 22,196,400 shares, while cement remained second traded sector with a total volume of 12,604,700 shares.
The three top traded companies were TRG Pak Ltd with a volume of 8,883,500 and price per share of 35.09 (0.08), Pak Elektron with a volume 8,268,000 of price per share of 61.64 (-3.17), and Jah Sidd Co with a volume 3,746,500 of price per share of 21.24 (-0.31).
The top three gainers were Unilever Foods with price per share 6200 (200), Colgate Palmo with price per share of 1479 (53) and Pak Tobacco with price per share of 1061.14 (34.85).
The top three losers were Nestle Pak with price per share of 7750 (-230), Philip Morris Pak with price per share of 1685.20 (-85.70) and Sapphire Fiber per share of 741 (-38.50).
Earlier, the Karachi stock remained almost flat as 100-index gained 9.24 points to reach 32821 points level in early trading. Till midday, the KSE 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.
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.
