KARACHI: The stocks Wednesday witnessed huge trading in cement sector, which took the KSE-100 index to 31772.90 points level after gaining 263.79 points at closing.
The stocks recorded the highest trading level of 31876.82 points and lowest level of 31509.11 points, with the volume of 160 million shares, having about Rs11 billion value. As many as 320 companies were active; of which 190 advanced, 114 declined and 16 remained unchanged.
Cement was the top traded sector with 34,638,000 volume, while commercial banks remained second with 22,166,200 volume.
The three top traded companies were TRG Pak Ltd with a volume of 14,441,500and price per share of 25.45 (1.21), Fauji Cement with a volume 9,174,000 of price per share of 40.76 (1.56), and DGK Cement with a volume 8,951,400 of price per share of 165.44 (7.87).
The top three gainers were Unilever Foods with price per share 5790 (220), Nestle Pakwith price per share of 6845 (61.33) and Mari Petroleum price per share of 640.02 (30.47).
The top three losers were Pak Tobacco with price per share of 1172 (-61.35), Philip Morris Pak with price per share of 1790 (-17.14) and Hinopak Motor per share of 1008.55 (-13.80).
Earlier, the bullish trend entered another day as the Pakistan Stock Exchange (PSX) added 250.73 points to reach 31759.84 points level. The growing trend continued till midday as the stocks gained massive 323.53 points to reach 31832.64 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.
