KARACHI: The Pakistan Stock Exchange (PSX) continued upward trend of early trading till midday as KSE-100 index gains 354.02 points to reach 31818.18 points level on Monday.
The stocks recorded the highest trading level of 31943.24 points and lowest level of 31464.16 points, with the volume of 64.45 million shares, having about Rs4.07 billion value. As many as 283 companies were active; of which 179 advanced, 94 declined and 10 remained unchanged.
Oil & gas marketing companies was the top traded sector with 6,190,000 volume, while oil & gas exploration companies remained second with 5,136,650 volume.
The three top traded companies were Sui North Gas with a volume of 5,412,500 and price per share of 25.00 (1.19), Jah.Sidd. Co. with a volume 4,976,000 of price per share of 20.80 (-0.45), and Oil & Gas Dev. with a volume 3,110,400 of price per share of 103.89 (1.93).
The top three gainers were Hinopak Motor with price per share 1075 (29.53), Ghandhara Ind with price per share of 402 (13.40) and EFU Life Assr price per share of 225.75 (10.75).
The top three losers were Siemens Pak.XD with price per share of 830 (-30), Bhanero Tex with price per share of 448.54 (-23.60) and Colgate Palmo per share of 1450 (-15).
Earlier, after witnessing several days of bearish trend, the Pakistan Stock Exchange (PSX) opened with positive note, gaining 368.84 points to take the tally to 31833 points level in early trading.
On Friday, bearish trend continued as the PSX benchmark KSE-100 index dived 1.13%, shedding 356.38 per cent to 31,464.16. The market had 224 decliners to 75 advancers. The PSX traced down footsteps of regional markets where Hang Seng dropped 4% in first five minutes of trading and Nikkei 226 closed 5% lower. The market volumes improved from last session’s 112.991 million to 121.683 million.
