KARACHI: The Pakistan Stock Exchange Friday witnessed another bullish day and ended week positive after gaining 226.18 to take the tally to record level of 46584.53 points at closing.
The stocks recorded the highest trading level of 46661.74 points and lowest level of 46229.89 points, with the volume of over 346.06 million shares and value of Rs 19.49 billion. As many as 391 companies were active; of which 189 advanced, 181 declined and 21 remained unchanged.
Pak Int.Bulk was the volume leader with 28.24 million shares, adding Rs 1.68 to finish at Rs 37.36. It was followed by PoB with 19.15 million shares, gaining Rs 0.50 to end at Rs 17.45 and Power Cement Ltd with 18.80 million shares, gaining Rs 0.93 to close at Rs 13.49.
The top three gainers were Sanofi-Aventis with price per share of 2305.35 (109.77), Colgate Palmolive with price per share of 1752.17 (82.10) and Hinopak Motor share of 1615.73 (35.47).
The top three losers were Unilever Foods with price per share of 5610 (-240), Pak Tobacco with price per share of 1091.01 (-37.32) and Wyeth Pak Ltd per share of 4656.61 (-28.47).
Earlier, the stocks opened bullish and gained 98.20 points to reach 46456.55 points level in early trading. The upward rally continued till midday as the PSX benchmark 100-index added another 168 points to reach 46526.73 points level.
On Thursday, the PSX extended its previous day’s gains as it rallied by around 173 points and closed at a new high of 46,358 points. NML (up 5%) and NCL (3.73%) were top performers. Automobile sector gained on the back of decline in Yen, as the sector gained to close 1.1% higher from its previous day’s close. PSMC (up 5%) and HCAR (1.46%) were major gainers of the aforementioned sector. Intra-day day rally was witnessed in the E&P sector on the back of surge in crude oil prices during the day. PPL (up 1.23%) and OGDC (0.99%) were major index movers from the aforementioned sector. Overall, volumes decreased by 6% to 340m shares, while value increased by 2% to Rs19b/$185m.
