KARACHI: Opened on a positive note, the Pakistan Stock Exchange closed negative as the benchmark 100-index shed 139.38 points in the last session to drop to 48088.37 points level on Tuesday.
The stocks recorded the highest trading level of 48366.04 points and lowest level of 48050.54 points, with the volume of over 134.69 million shares and value of Rs7.98 billion. As many as 365 companies were active; of which 126 advanced, 219 declined and 20 remained unchanged.
Byco Petroleum was the volume leader with 14.69 million shares, adding Rs 1.09 to finish at Rs 22.99. It was followed by Azgard Nine with 7.89 million shares, gaining Rs 0.03 to end at Rs 13.04 and BoP with 5.83 million shares, shedding Rs 0.09 to close at Rs 13.75.
The top three gainers were Unilever Foods with price per share of 6169.98 (279.98), Nestle Pakistan with price per share of 9300 (100) and Atlas Battery share of 969.87 (30.87).
The top three losers were Bata (Pak) with price per share of 4175 (-215), Rafhan Maize with price per share of 7160 (-102.06) and Colgate Palmolive per share of 2000 (-60).
Earlier, the stocks opened bullish after gaining 51 points to reach 48278 points level in early trading. The upward rally continued at the Pakistan Stock Exchange (PSX) as the benchmark 100-index added 128 points to reach 48356 points level till midday on Tuesday.
On Monday, the stocks witnessed range bound session on first trading session of the week with shares index made moderate gains of 71.82 points and close at 48,227.75 points.
Market opened on a positive note and retained its previous swing as the index traded between an intraday high of 228 points and intraday low of 35 points to finally close by at 48,228 level. Volume was led by Aisha Steel Mill with 15.89 million shares traded, Bank of Punjab with 11.77 million shares traded and Azgard Nine with 11.4 million shares traded remained in spotlight in the session. Scrips of 380 companies were traded, of which 137 gained in value, 229 declined and 14 remained unchanged. Volumes dried-up by 41 percent d/d to 159.9 million shares, while trade value decreased by 19 percent to Rs9.6 billion.
