KARACHI: The Pakistan Stock Exchange Thursday recouped some points and added 75.69 points to close at 38224.95 points level.
The stocks recorded the highest trading level of 38265.44 points and lowest level of 38014.52 points, with the volume of 109.24 million shares, having about Rs 6.3 billion value. As many as 298 companies were active; of which 147 advanced, 129 declined and 22 remained unchanged.
Cement was the top traded sector with 12,609,500 volume, while power generation & distribution remained second with 11,569,100 volume
K-Electric was the volume leader with 12.25 million shares, losing Rs 0.02 to finish at Rs 7.93. It was followed by Dewan Cement with 9.87 million shares, losing Rs 1.00 to close at Rs 14.42 and Engro Fertilizer with 5.81 million shares, losing Rs 0.12 to close at Rs 65.24.
The top three gainers were Siemens Pak with price per share 920 (30), National Refinery with price per share of 491.68 (23.41) and Service Ind. Ltd price per share of 839.99 (9.65).
The top three losers were Nestle Pak XD with price per share of 7300 (-245), Rafhan Maize with price per share of 8600 (-235.24) and Abbott Lab per share of 670 (-13.22).
Earlier, the bearish trend continued at the Pakistan Stock Exchange (PSX) as benchmark 100-index further shed 60 points to reach 38089.90 points level till midday.
On Wednesday, the 100-index rallied up 204.74 points in the morning but later dropped down by 292.19 points. The index concluded the session after loss of 266.05 points at 38,149.26. The session saw 91 scripts post gains while 214 declined. The market volumes dipped to 124.21 million from last session’s 154.539 million. The cement sector was top traded where investors realised profits. Volume leader Dewan Cement Limited (DCL) shed 3.58%.
