KARACHI: The Pakistan Stock Exchange Tuesday observed a rollercoaster day as benchmark 100-index shed 141 points to drop to 36582.35 points level at closing.
The stocks recorded the highest trading level of 36740.20 points and lowest level of 36433.48 points, with the volume of over 298 million shares, having Rs 11.43 billion value. As many as 374 companies were active; of which 153 advanced, 191 declined and 30 remained unchanged.
Power generation & distribution was the top traded sector with 75,597,300 volume, while oil chemical remained second with 31,575,800 volume.
The three top traded companies were K-Electric Ltd with a volume of 65,336,000 and price per share of 8.17 (0.24), Lotte Chemical with a volume 20,890,000 of price per share of 6.72 (0.35), Sui North Gas with a volume 15,751,000 of price per share of 37.93 (0.27).
The top three gainers were Ghandhara Ind with price per share 343.85 (16.37), Tandlianwala Sugar with price per share of 274 (13) and Khyber Tobacco price per share of 411.31 (11.31).
The top three losers were Nestle Pak XD with price per share of 7000 (-100), Philip Morris Pak with price per share of 1595 (-63.75) and Bhanero Tex per share of 671 (-29.11).
Earlier, the Pakistan Stock Exchange remained bearish and lost 34 points to reach 36689.58 points level till midday.
On Monday, the local equities managed to achieve a positive close after a volatile session as losses in financial stocks pulled the benchmark KSE 100-share index down 0.7% to 36,433 points in intraday trade. The Pakistan Stock Exchange’s (PSX) benchmark 100-share index edged up 0.08% or 29.85 points to end at 36,723.35. Trade volumes fell to 266 million shares compared with Friday’s tally of 395 million. Shares of 366 companies were traded. At the end of the day, 183 stocks closed higher, 162 declined while 21 remained unchanged. The value of shares traded during the day was Rs10.7 billion.
