KARACHI: The Pakistan Stock Exchange (PSX) Wednesday shed huge gains it enjoyed all the day in last session, however, it remained in positive zone. The KSE-100 index added 27 points to reach 31101.38 points level at closing.
The stocks recorded the highest trading level of 31386.35 points and lowest level of 31065.72 points, with the volume of 119.38 million shares, having over Rs6.42 billion value. As many as 329 companies were active; of which 154 advanced, 153 declined and 22 remained unchanged.
Commercial banks were the top traded sectors with 17,902,100 volume, while cement remained second with 16,663,500 volume.
The three top traded companies were TRG Pak Ltd with a volume of 7,359,000 and price per share of 27.87 (0.41), Silk Bank Ltd with a volume 6,125,500 of price per share of 1.82 (0.17), and Fauji Cement with a volume 5,718,000 of price per share of 37.80 (0.26).
The top three gainers were Pak Tobacco with price per share 1221.69 (58.17), Siemens Pak.XD with price per share of 882 (42) and Sapphire Fiber price per share of 653.50 (28.60).
The top three losers were Colgate Palmo with price per share of 1500 (-50), Sanofi-Aventis with price per share of 618 (-32) and Atlas Battery per share of 680 (-28.99).
Earlier, the PSX took a positive start and gained 307.81 points in early trading to reach 31382.19 points level. Till midday, the stocks lost some early gains but remained in positive zone and added 181.16 points to reach 31255.54 points level.
On Tuesday, the stocks closed almost flat amid global equities turmoil after WTI crude oil fell below $30/barrel. The PSX index gained only 9.26 points and closed at 31074.38 points. Despite fall in international oil prices, index was in pressure in the early hours but recovered in the end to close marginally up. Traded volume decreased by 16.4% to 108m shares, while traded value remained unchanged at Rs6.5b/$62m. Out of total 303 traded companies in the session, 155 closed in decline, 126 in advance while 22 remained unchanged.
