KARACHI: The Pakistan Stock Exchange Tuesday recouped the overnight losses with 163.18 points gain to reach 33847.74 points at closing.
The stocks recorded the highest trading level of 34027.62 points and lowest level of 33684.56 points, with the volume of 258.49 million shares, having about Rs12 billion value. As many as 350 companies were active; of which 174 advanced, 156 declined and 20 remained unchanged.
Technology & communication was the top traded sector with 41,319,000 volume, while oil & gas marketing companies remained second with 32,268,100 volume.
The three top traded companies were Sui North Gas with a volume of 26,422,500 and price per share of 33.28 (1.48), Dewan Motors with a volume 15,301,500 of price per share of 14.04 (1.00), WorldCall Telecom with a volume 13,474,000 of price per share of 1.88 (0.05).
The top three gainers were Unilever FoodsXD with price per share 5500 (100), Island Textile with price per share of 840.65 (40.03) and Exide (PAK) price per share of 754.47 (35.92).
The top three losers were Service Ind.LtdXD with price per share of 791 (-9), Shezan Inter with price per share of 480 (-9) and Honda Atlas Cars per share of 274.53 (-5.94).
Earlier, the Pakistan Stock Exchange Tuesday opened recouping the overnight losses and added 161.90 points to reach 33846.46 points level in early trading. The Pakistan Stock Exchange surged by 0.94 per cent or 315.52 points to cross psychological barrier of 34000 points till midday.
On Monday, the benchmark 100-share index declined by 55 points to close at 33,684.56 points. Pakistan Stock Exchange opened on a negative note with the index making an intra-day low of 247 points. However, it recovered to close just 55 points down. Banking sector was a major laggard due to depressed banking sector spreads for the month of Mar-2016. UBL closed down 1.84 percent, HBL declined 0.78 percent and MCB 0.55 percent, dealers stated. Besides, profit taking continued in the cement sector, where LUCK, which went down 0.75 percent, announced lower-than-expected 9MFY16 EPS of Rs29.73. Volume decreased by 21 percent to 171m shares while value also decreased by 25 percent to Rs 6.4 billion.
