KARACHI: The Pakistan Stock Exchange Tuesday remained all the day in negative zone but gained upward momentum in last session gaining 74.98 points, but dropped all in last minute and closed almost flat, adding just 9.25 points at 31074.38 level.
The stocks recorded the highest trading level of 31140.11 points and lowest level of 30885.36 points, with the volume of about 108 million shares, having over Rs6.59 billion value. As many as 283 companies were active; of which 129 advanced, 136 declined and 18 remained unchanged.
Cement was the top traded sectors with 15,446,400 volume, while fertilizer remained second with 13,710,700 volume.
The three top traded companies were Fauji Fert Bin with a volume of 8,131,500 and price per share of 49.60 (1.23), TRG Pak Ltd with a volume 7,885,500 of price per share of 27.54 (0.44), and DGK Cement with a volume 6,835,400 of price per share of 150 (5.32).
The top three gainers were Bata (Pak) with price per share 3400 (50), Sapphire Fiber with price per share of 624.90 (24.89) and National Refin price per share of 264.91 (12.61).
The top three losers were Ferozsons (Lab) with price per share of 1000.89 (-52.67), Ghandhara Ind with price per share of 369.20 (-19.43) and Service Ind.Ltd per share of 892 (-17.50).
Earlier, after witnessing a bullish day, the Pakistan Stock Exchange Tuesday opened negative, shedding 171.76 points to drop to 30893.37 points level. Till midday, the stocks remained in negative zone and dropped 138.47 points to reach 30926.66 points level.
On Monday, the PSX closed higher on speculations ahead of major financial results due this week. Due to stability in oil prices, oil sector was in limelight which helped the index rally by 116.10 points or 0.37% to close at 31065.13 points. Traded volume decreased by 1.8% to 129.3m shares, while traded value remained unchanged at Rs6.5b/$64m. TRG (Pak) emerged as volume leader with volume of 12.3m shares, followed by Pace (Pak) with 10m and Japan Power with 8.4m shares.
