KARACHI: The growing trend continued till midday as the Pakistan Stock Exchange (PSX) gained massive 323.53 points to reach 31832.64 points level on Wednesday.
The stocks recorded the highest trading level of 31876.82 points and lowest level of 31509.11 points, with the volume of 92.46 million shares, having about Rs6.80 billion value. As many as 276 companies were active; of which 177 advanced, 80 declined and 19 remained unchanged.
Cement was the top traded sector with 6,197,000 volume, while cable & electrical goods remained second with 3,465,000 volume.
The three top traded companies were Fauji Cement with a volume of 6,620,500 and price per share of 40.45 (1.25), TRG Pak Ltd with a volume 6,066,000 of price per share of 24.88 (0.64), and DGK Cement with a volume 5,177,500of price per share of 162.80 (5.23).
The top three gainers were Mari Petroleum with price per share 640.02 (30.47), Unilever Foods with price per share of 5600 (30) and Indus Motor Co price per share of 978 (28.10).
The top three losers were Hinopak Motor with price per share of 1007 (-20.80), Atlas Honda Ltd with price per share of 361 (-14) and Abbott Lab per share of 637 (-12.92).
Earlier, the bullish trend entered another day as the Pakistan Stock Exchange (PSX) added 250.73 points to reach 31759.84 points level.
On Tuesday, the PSX benchmark KSE-100 index remained volatile but buying in the later half helped it close up 139.60 points at 31,509.11. Hub Power Company Limited (HUBC) was the top loser in the index shedding only – 0.99%. KSE All Share settled at 21,812.27 with 97.34 points positive. The advancers to decliners ratio stood at 132 to 147. The market volumes contracted to 94.459million from last session’s 130.361million. The commercial bank sector was highest traded, 12.361million shares exchanged.
