KARACHI: Despite losing some early gains, the Pakistan Stock Exchange (PSX) remained bullish till closing and gained 69.40 points to reach 32738.56 points level on Monday.
The stocks recorded the highest trading level of 32878.66 points and lowest level of 32669.16 points, with the volume of 131 million shares, having about Rs6.28 billion value. As many as 326 companies were active; of which 158 advanced, 136 declined and 32 remained unchanged.
Commercial banks was the top traded sector with 40,238,600 volume, while cement remained second with 15,397,600 volume.
The three top traded companies were NIB Bank Limited with a volume of 23,658,000 and price per share of 2.15 (0.25), Dewan Cement with a volume 10,201,500 of price per share of 12.71 (-0.31), BO Punjab with a volume 9,196,000 of price per share of 8.63 (0.21).
The top three gainers were Unilever Foods with price per share 5470 (169.67), Ferozsons (Lab) with price per share of 848.17 (36.78) and The Searle SPOT price per share of 454.17 (21.62).
The top three losers were Rafhan Maize SPOT with price per share of 7840 (-159.95), Philip Morris Pak with price per share of 1673.33 (-27.67) and Murree Brewery per share of 751 (-27).
Earlier, the Pakistan Stock Exchange (PSX) opened week with positive note as benchmark KSE-100 index added 96.98 points to reach 32766.14 points in early trading. Till midday, the upward rally continued as the PSX gained 141.92 points to reach 32811.08 points level.
Last week, the stock market registered a rise of 0.7 percent on weekly basis, mainly due to return of foreign investors. On Friday, weak sentiments persisted at Pakistan Stock Exchange amid uncertainty in global stocks and crude prices, with the benchmark 100-share index losing another 41.40 points to close at 32,669.16 points. Another lackluster day was witnessed at local bourse in absence of any key trigger, dealers said. Index gained 1% this week with average volume of 175m shares traded. Traded volume fell by 14% to 116m while traded value also deceased to Rs5.7b/$54m). Total 317 active companies participated in session of which 175 settled in negative, 108 in positive while 34 remained unchanged.
