KARACHI: The bearish note reduced till midday but the Pakistan Stock Exchange (PSX) remained in negative zone as benchmark 100-inded dropped 24.83 point to reach 33541.39 points on Tuesday.
The stocks recorded the highest trading level of 33604.18 points and lowest level of 33415.93 points, with the volume of 100 million shares, having about Rs4.23 billion value. As many as 280 companies were active; of which 127 advanced, 136 declined and 17 remained unchanged.
Technology & communication was the top traded sector with 2,894,000 volume, while transport remained second with 2,411,000 volume.
The three top traded companies were TRG Pak Ltd with a volume of 14,518,000 and price per share of 32.70 (-0.43), Descon Chemical with a volume 6,086,500 of price per share of 7.80 (0.27), PIAC (A) with a volume 4,917,500 of price per share of 8.55 (-0.02).
The top three gainers were Colgate Palmo with price per share 1499.99 (39.99), Sunrays Textile with price per share of 428 (20) and Murree Brewery price per share of 698 (16.61).
The top three losers were Nestle Pak SPOT with price per share of 7605 (-334), Indus Dyeing with price per share of 721.37 (-37.96) and Shezan Inter per share of 453.10 (-23.28).
Earlier, the stocks opened negative as the benchmark KSE 100-share index declined by 78.51 points to reach 33487.71 points level in early trading.
On Monday, the Pakistan Stock Exchange (PSX) dropped 401.32 points (down 1.18%) to close at 33,566.22 points. Volatility prevailed in session as the market took a nosedive after making an intra-day high of 187 points to close in red zoned. Major reason for negative sentiments at the bourse was fall in global crude oil prices and increasing noise on the domestic political front. Major laggards in the oil sector were PSO, down 2.01%, and ATRL that declined 2.02%. Volume increased by 14% to 224m shares while value increased by 30% to Rs 10.2b/$98m.