KARACHI: The Pakistan Stock Exchange Tuesday observed variation but remained in green zone with 37.06 points gain and closed at 37076.63 points level.
The stocks recorded the highest trading level of 37267.30 points and lowest level of 36863.04 points, with the volume of 159 million shares, having about Rs 9.6 billion value. As many as 334 companies were active; of which 107 advanced, 107 declined and 30 remained unchanged.
Cement was the top traded sector with 27,584,100 volume, while power generation & distribution remained second with 23,714,700 volume
Dewan Cement was the volume leader with 21.17 million shares, losing Rs 0.10 to finish at Rs 14.80. It was followed by K-Electric with 12.45 million shares, losing Rs 0.15 to close at Rs 7.985 and TRG Pak Ltd with 10.46 million shares, gaining Rs 0.41 to close at Rs 32.66.
The top three gainers were Bata (Pak) with price per share 3831 (81), Philip Morris Pak with price per share of 1580.50 (64.55) and Pak Tobacco price per share of 1146.03 (54.57).
The top three losers were Rafhan Maize with price per share of 7373.43 (-388.07), Unilever Foods with price per share of 5100 (-100) and The Searle Co.Ltd per share of 523.37 (-20.65).
Earlier, the Pakistan Stock Exchange again witnessed fluctuation in the trading but remained in positive note till midday as benchmark 100-index added 37.74 points to reach 37077.31 points level.
On Monday, the stock market remained bearish whole the day and lost huge 350.31 points to drop to 37039.57 points level at closing. The stocks recorded the highest trading level of 37503.96 points and lowest level of 36957.05 points, with the volume of 189.24 million shares, having about Rs 9.41 billion value. As many as 310 companies were active; of which 115 advanced, 174 declined and 21 remained unchanged. Power generation & distribution was the top traded sector with 58,610,200 volume, while technology & communication remained second with 24,271,000 volume.
