KARACHI: The Pakistan Stock Exchange benchmark KSE-100 index Wednesday gained upward momentum by adding 103.65 points to reach 32369.30 points level till midday
The stocks recorded the highest trading level of 32484.75 points and lowest level of 32265.65 points, with the volume of 52,445,290 shares, having over Rs3.31 billion value. As many as 253 companies were active; of which 159 advanced, 74 declined and 20 remained unchanged.
The three top traded companies were TRG Pak Ltd with a volume of 4,494,500 and price per share of 30.90 (-0.01), Inter.Steel Ltd with a volume 2,752,500 of price per share of 24.93 (1.18), and Fauji Cement with a volume 2,660,000 of price per share of 38 (0.03).
The top three gainers were Ferozsons (Lab) with price per share 1276 (24.74), Exide (PAK) with price per share of 879.99 (19.99) and Ghandhara Ind price per share of 393.85 (18.75).
The top three losers were Rafhan Maize with price per share of 7900 (-400), Pak Tobacco with price per share of 1106 (-57.52) and Murree Brewery per share of 855 (-45).
Earlier, the PSX opened positive, gaining 145.80 points to reach 32411.45 points level, with the volume of 11,732,150 shares.
On Tuesday the market experienced heavy selling early morning and the benchmark KSE-100 dropped down 314.83 points to 32,005.22. The indexes rebounded later in the day with KSE-100 index ending down 54.40 points at 32,265.65. There were only 81 advancers in contrast to 205 decliners. Market turnover escalated from last session’s low of 86.486 million to 127.41 million.
