KARACHI: The Pakistan Stock Exchange (PSX) Thursday continued upward rally and added 86.60 points to take the tally to 31187.98 points level till midday.
The stocks recorded the highest trading level of 31078.78 points and lowest level of 31078.78 points, with the volume of 38.54 million shares, having over Rs2.59 billion value. As many as 228 companies were active; of which 122 advanced, 93 declined and 13 remained unchanged.
Cement was the top traded sector with 4,466,400 volume, while chemicals remained second with 3,750,100 volume.
The three top traded companies were Descon Chemical with a volume of 2,983,500 and price per share of 7.09 (0.24), TRG Pak Ltd with a volume 2,284,500 of price per share of 28.20 (0.19), and Engro Corp with a volume 1,637,300 of price per share of 260.20 (4.60).
The top three gainers were Siemens Pak.XD with price per share 926.10 (44.10), Sanofi-Aventis with price per share of 640 (21.96) and Ferozsons (Lab) price per share of 1019 (21.94).
The top three losers were Hinopak Motor with price per share of 1087.31 (-57.22), Bhanero Tex with price per share of 488.71 (-25.72) and Pak Tobacco per share of 1201.05 (-20.62).
Earlier, soon after taking a good start by adding 145 points, the PSX quickly slid to 29 points to reach 31122.60 points level.
On Wednesday, the KSE-100 index closed higher amid speculations ahead of SBP policy rate announcements by new monetary policy committee this week. The PSX index remained bullish in the first half but lost its charm later in the day and finally closed at 31,101, 27 points, up 27 points or 0.09%. Traded volume increased by 10.4% to 119.3m shares, while traded value decreased 1.5% Rs6.4b.
