KARACHI: Despite regaining some points at the last session, the Pakistan Stock Exchange benchmark 100-index lost 54.98 points to drop 33684.56 points level at closing on Monday.
The stocks recorded the highest trading level of 33785.74 points and lowest level of 33498.75 points, with the volume of 171 million shares, having about Rs6.45 billion value. As many as 341 companies were active; of which 165 advanced, 158 declined and 18 remained unchanged.
Technology & communication was the top traded sector with 28,221,000 volume, while auto assembler remained second with 17,903,150 volume.
The three top traded companies were Telecard Limited with a volume of 14,634,500 and price per share of 3.56 (0.50), Dewan Motors with a volume 14,595,500 of price per share of 13.40 (0.72), Sui North Gas with a volume 13,481,000 of price per share of 31.77 (0.59).
The top three gainers were Island Textile with price per share 800.62 (38.12), Exide (PAK) with price per share of 718.55 (34.21) and Bhanero Tex price per share of 708 (33.05).
The top three losers were Nestle Pak XD with price per share of 7200.02 (-235.98), Sanofi-AventisXD with price per share of 485 (-11) and Ferozsons (Lab) per share of 795 (-10.59).
Earlier, the stocks opened new week with bearish note and lost 156.26 points to drop to 33583.28 points level in early trading. The bearish note continued till midday as the benchmark 100-index lost 125.56 points to reach 33613.98 points level.
Last week, benchmark KSE-100 index remained largely flat to close at 33,740. Average daily volume increased by 26 percent to 239mn shares whereas average daily value increased by 17 percent to Rs10.1 billion/$96.4mn in the outgoing week. Oil & Gas and Tobacco sectors were major gainers as they increased by 4 percent and 3 percent respectively during the week. On the other hand, cement and chemical sector were major losers down by 3 percent. Foreign investors were net sellers of $28.3mn during the week, highest in 12 weeks. Net selling worth $7.6mn and $6.2mn was seen in Banking and Chemical sectors.
