KARACHI: The Pakistan Stock Exchange witnessed a bullish day on Monday and gained massive 291.98 points to take the tally to the record 42,133.54 points level at closing.
The stocks recorded the highest trading level of 42204.53 points and lowest level of 41804.14 points, with the volume of about 333 million shares and value of 14.20 billion. As many as 401 companies were active; of which 285 advanced, 103 declined and 13 remained unchanged.
BoP was the volume leader with 48.53 million shares, adding Rs 1.00 to finish at Rs 19.33. It was followed by TRG Pak Ltd with 26.39 million shares, gaining Rs 1.75 to end at Rs 44.39 and Azgard Nine with 11.44 million shares, adding Rs 0.62 to close at Rs 11.44.
The top three gainers were Sanofi-Aventis with price per share of 1677.37 (79.87), Unilever Foods with price per share of 5760 (60) and Siemens Pak share of 1149.31 (54.65).
The top three losers were Nestle Pakistan with price per share of 8300 (-69.67), Wyeth Pak with price per share of 3593.04 (-49.92) and Bata (Pak) per share of 4100 (-35).
Earlier, the Pakistan stocks opened positive as the benchmark added 72 points to reach historic 41913.13 points level in early trading. The Pakistan Stock Exchange remained bullish as the 100-index gained 294 more points to cross the psychological barrier of 42,000 points and reached 42135.53 points level till midday.
On Friday, the institutional profit-taking halted upwards journey of Pakistan Stock Exchange. The benchmark 100-share index lost 133 points and closed at 41,841.56 points. Market witnessed profit-taking on the back of uncertainty in the global political situation ahead of an expected close US election. E&P sector remained under pressure on the back of decline in crude oil prices. Crude oil prices plummeted to five-week low, below $45, in the international market. POL (down 0.88%) and OGDC (0.17%) were the major laggards of the aforementioned sector. Traded volume deceased to 451m shares compared to 529m shares of the previous day, while traded value also declined to Rs15.2b/$145m.
