KARACHI: Despite shedding some early gains, the Pakistan Stock Exchange (PSX) remained in green zone and added 70.96 points to reach 30857.56 points level till midday on Thursday.
The stocks recorded the highest trading level of 30936.71 points and lowest level of 30786.60 points, with the volume of 70 million shares, having about Rs3 billion value. As many as 251 companies were active; of which 135 advanced, 98 declined and 18 remained unchanged.
Cables & electrical goods was the top traded sector with 82,200,200 volume, while technology & communication remained second with 15,348,000 volume.
The three top traded companies were Lotte Chemical with a volume of 5,554,000 and price per share of 5.75 (0.50), TRG Pak Ltd with a volume 5,055,500 of price per share of 24.39 (-0.31), and Jah.Sidd. Co with a volume 4,955,000 of price per share of 19.80 (0.35).
The top three gainers were Rafhan Maize with price per share 8175 (375), Ferozsons (Lab)XD with price per share of 776.74 (36.98) and Murree Brewery price per share of 779.50 (34.65).
The top three losers were Bata (Pak) with price per share of 3200 (-28), Sanofi-Aventis with price per share of 493.92 (-25.99) and Shezan Inter per share of 483 (-25.25).
Earlier, the Pakistan Stock Exchange continued the previous day’s bullish note at opening and added 120.42 points to reach 30907 points in early trading.
On Wednesday, the PSX finally showed some recovery after witnessing fall in last six trading sessions. Investors took fresh positions on attractive valuations, which led the index to close up by 222 points (0.73%) to close at 30,786.60 points. MLCF, DGKC and FCCL closed up by 3.48%, 2.17% and 1.18% respectively. Traded volume decreased 20% to 138 million shares, compared to 172m shares of Tuesday and traded value decreased 2.9% to Rs6.6b/$64.0m. Out of total 334 traded companies in the session 224 closed in advance, 94 in decline while 16 remained unchanged.
