KARACHI: The bearish note further deepened till midday as Pakistan Stock Exchange (PSX) lost 152.59 points to reach 32604.97 points level on Thursday.
The stocks recorded the highest trading level of 33080.68 points and lowest level of 32769.11 points, with the volume of 41.16 million shares, having about Rs2.4 billion value. As many as 239 companies were active; of which 85 advanced, 140 declined and 14 remained unchanged.
Cable & electric goods was the top traded sector with 6,620,450 volume, while commercial banks remained second with 6,296,200 volume.
The three top traded companies were TRG Pak Ltd with a volume of 2,998,000 and price per share of 27.35 (-0.01), Pak Elektron with a volume 2,809,500 of price per share of 60.75 (1.01), Pak Elektron(R) SPOT with a volume 2,527,500 of price per share of 18.80 (0.06).
The top three gainers were Rafhan Maize with price per share 7900 (50), Siemens Pak with price per share of 838.94 (39.94) and Colgate Palmo price per share of 1470 (10).
The top three losers were Pak Suzuki with price per share of 426 (-19.62), Hinopak Motor with price per share of 1000 (-10) and Shell Pakistan per share of 261.95 (-8.36).
Earlier, another bearish day started trading at the Pakistan Stock Exchange (PSX) as benchmark KSE-100 index lost 63.34 points to reach 32647.22 points in early trading.
On Thursday, the PSX stated continued to shed off gains and fell further as foreigners were reported to have resumed selling. The KSE 100 index continued to move between the red and green for another session and ended in the red. The index touched a high of 122.70 points and low of 286.75 points to close down 247.42 points at 32,710.56. The advancers to decliner’s ratio stood at 109 to 202. The market volumes contracted by a massive 50.81% to 135.517 million.
