KARACHI: The bearish note continued till midday as Pakistan Stock Exchange (PSX) lost 125.08 points to reach 32832.90 points level on Thursday.
The stocks recorded the highest trading level of 33080.68 points and lowest level of 32769.11 points, with the volume of 73 million shares, having about Rs3.4 billion value. As many as 256 companies were active; of which 110 advanced, 134 declined and 12 remained unchanged.
Cement was the top traded sector with 16,867,600 volume, while technology & communication remained second with 11,845,500 volume.
The three top traded companies were Dewan Cement with a volume of 10,222,000 and price per share of 12.55 (0.53), PTCL with a volume 5,941,000 of price per share of 15.03 (0.28), TRG Pak Ltd with a volume 4,115,500 of price per share of 27.72 (-0.34).
The top three gainers were Murree Brewery with price per share 821.99 (35), Sanofi-Aventis with price per share of 519 (21.30) and National Refin Ins price per share of 271 (7.45).
The top three losers were Unilever Foods with price per share of 5345 (-80), Bata (Pak) with price per share of 3200 (-50) and Service Ind Ltd per share of 853 (-14).
Earlier, the Pakistan Stock Exchange (PSX) opened negative and shed 19.87 points to reach 32938.11 points level in early trading.
On Wednesday, the PSE amid global stocks rout and fall in crude prices as the benchmark 100-share index lost 74.87 points (0.23%) to close at 32,957.98 points. After closing in the green for the last 10 trading sessions (and gaining ~8%), the market took a breather yesterday as investors closed out their positions, dealers said. Traded volume decreased 5.5% to 204m shares and traded value decreased 21% to Rs9.0b. Out of total 327 active companies, 178 closed in advance, 132 in decline while 17 remained unchanged.
