KARACHI: The bearish trend continued till midday on Thursday as the Pakistan Stock Exchange (PSX) lost 28.04 points to reach 32900.26 points level.
The stocks recorded the highest trading level of 32942.02 points and lowest level of 32809.07 points, with the volume of 44.46 million shares, having about Rs2.55 billion value. As many as 248 companies were active; of which 110 advanced, 120 declined and 18 remained unchanged.
Commercial banks was the top traded sector with 16,996,100 volume, while auto assembling remained second with 15,155,650 volume.
The three top traded companies were TRG Pak Ltd with a volume of 3,736,000 and price per share of 27.16 (0.49), Dewan Motors with a volume 3,318,500 of price per share of 10.15 (-0.29), Fatima Fert with a volume 3,078,500 of price per share of 31.99 (0.15).
The top three gainers were Colgate Palmo with price per share 1489.9 (27.99), Atlas Battery with price per share of 559.99 (16.48) and Hinopak Motor price per share of 990 (14.49).
The top three losers were Rafhan Maize XD with price per share of 7650 (-330), Sanofi-Aventis with price per share of 475 (-25) and Exide (PAK) per share of 680 (-17).
Earlier, the Pakistan Stock Exchange started trading with negative note and dropped 40 points to reach 32884.22 points level in early trading.
On Tuesday, the PSE witnessed another dull day as the investors remained on the sidelines ahead of today’s public holiday. The benchmark KSE 100-index closed below 33,000 points after posting a decline of 94.57 points. Traded volume increased by 21% to 133m while traded value stood at Rs6.3b/USD 60m). Total 310 companies participated in the session. Of them, 180 closed in decline, 98 in advance while 32 remained unchanged. Top contributors were KEL and DFML with 11.3m shares and 10.3m shares respectively.
