KARACHI: The Pakistan Stock Exchange (PSX) Monday continued the upward rally and added 286.49 points to reach 32765.47 points level till midday.
The stocks recorded the highest trading level of 32828.53 points and lowest level of 32461.91 points, with the volume of 100.87 million shares, having about Rs5.34 billion value. As many as 280 companies were active; of which 159 advanced, 106 declined and 15 remained unchanged.
Commercial banks was the top traded sector with 10,734,000 volume, while power generation & distribution companies remained second with 9,563,100 volume.
The three top traded companies were Engro Fertilizer with a volume of 6,516,000 and price per share of 82.30 (1.15), Pace (Pak) Ltd with a volume 5,701,500 of price per share of 6.77 (0.18), and Tri-Star PowerXD with a volume 5,698,000 of price per share of 3.29 (0.43).
The top three gainers were Nestle Pak with price per share 7490 (240), Unilever Foods with price per share of 5999.99 (199.99) and Hinopak Motor price per share of 1150.53 (54.78).
The top three losers were Murree Brewery with price per share of 730 (-25.26), JDW Sugar with price per share of 326.01 (-13.77) and Exide (PAK) per share of 771 (-11).
Earlier, the stocks opened keeping last week’s bullish trend and gained 208.56 points to reach 32687.54 points level.
Last week, the benchmark KSE-100 index increased 3.8% to close at 32,479 index level. Average daily volume increased 24% to 144.3m shares and average daily value rose 22% to Rs8.5b/$81.4m. Over the week, commercial banks, financial services and pharma & biotech sector increased by 7.2%, 4.8% and 4.6%, respectively. Decline was seen in beverages, tobacco and forestry sector, which were down 7.8%, 7.4% and 3%, respectively.
