KARACHI: The Pakistan Stock Exchange Wednesday again closed at all-time high level of 44494.99 points after gaining 295.59 points.
The stocks recorded the highest trading level of 44545.19 points and lowest level of 44107.82 points, with the volume of over 471 million shares and value of Rs 20.84 billion. As many as 399 companies were active; of which 158 advanced, 222 declined and 19 remained unchanged.
BoP was the volume leader with 79.72 million shares, adding Rs 1.0 to finish at Rs 17.76. It was followed by K-Electric with 43.17 million shares, gaining Rs 0.01 to end at Rs 9.42 and Aisha Steel Mill with 19.64 million shares, gaining Rs 0.32 to close at Rs 14.67.
The top three gainers were Wyeth Pak Ltd with price per share of 4793 (227.60), Sanofi-Aventis with price per share of 2205 (105) and Unilever Foods share of 5699 (99).
The top three losers were Rafhan Maize with price per share of 8000 (-78.45), Service Ind Ltd with price per share of 1576.12 (-56.46) and Siemens Pak per share of 1091.57 (-23.43).
Earlier, the stocks continued its upward journey and gained another 285.34 points in early trading to reach 44484.74 points level. The Pakistan Stock Exchange shed most of the early gains but remained positive as the benchmark 100-index added40.92 points to reach 44240.32 points level till midday.
On Tuesday, the buying spree in almost all scrips catapulted PSX to new highs, resultantly the bench mark shares index reached around 44,200 level by rallying 459 points.
Cement sector led the gains on the back of strong cement dispatch numbers released by APCMA which indicated 11 percent YoY growth in November 2016. FCCL and DGKC were major movers of the aforementioned sector, as they gained to close near their respective upper circuits. Volume rose to 372.5 million shares as compared to 345.4 million shares changed hands, while traded value also increased to Rs19.7 billion/$188 million. Out of total 431 active companies took part in the session, 231 concluded in positive, 186 in negative, whereas 14 went unchanged.
