KARACHI: The upward rally continued till midday at the Pakistan Stock Exchange as the benchmark 100-index added 192.53 points to reach another all-time high points level of 36317.90 on Tuesday.
The stocks recorded the highest trading level of 36390.41 points and lowest level of 36125.37 points, with the volume of 142 million shares, having about Rs 5.7 billion value. As many as 310 companies were active; of which 174 advanced, 118 declined and 18 remained unchanged.
Transport was the top traded sector with 25,533,500 volume, while technology & communication remained second with 10,576,500 volume.
The three top traded companies were Pak Int.Bulk with a volume of 37,776,000 and price per share of 31.77 (1.00), TRG Pak Ltd with a volume 7,139,000 of price per share of 37.40 (0.29), TPL Trakker Ltd with a volume 6,464,000 of price per share of 14.74 (0.04).
The top three gainers were Nestle Pak XD with price per share 7171 (83), Ferozsons (Lab) with price per share of 932.27 (44.39) and Sanofi-AventisXD price per share of 640 (18).
The top three losers were Unilever Foods with price per share of 5112 (-113), Bata (Pak)XD with price per share of 3300 (-100) and Siemens Pak per share of 900 (-30).
Earlier, the Pakistan Stock Exchange (PSX) Tuesday bounced back with 196.14 points and reached 36321.51 points level in early trading.
On Monday, bearish activity was observed in local bourse with range bound activity, as index closed up by just 2.88 points to close at 36,125.37 points. Volatility prevailed in the market as the index traded between an intraday high of 120 points and intraday low of 32 points to finally close on a flattish note (0.01percent). Profit taking was witnessed in MUGHAL (down 1.63 percent), as investors came in to book their profits after the scrip closed on its upper circuit on Friday on the back of news that it has been contracted by FWO to supply steel bars for M9 project on eastern route of CPEC project.
In the E&P sector OGDC (1.46 percent), POL (1.67 percent) and PPL (0.75 percent) gained to close in the green zone as the crude oil prices increased to trade above $37/bbl level, dealers said. Volume decreased by 30 percent to 220 million shares while the value decreased by 15 percent to Rs 7.5 billion.
