KARACHI: The Karachi Stock Exchange, keeping the upward momentum of early trading, added another 265.36 points to reach 33081.67 points level till midday on Friday.
The stocks recorded the highest trading level of 33123.33 points and lowest level of 32816.31points, with the volume of 56,352,150 shares, having about Rs3.04 billion value. As many as 244 companies were active; of which 165 advanced, 63 declined and 16 remained unchanged.
Commercial banks remained the highest traded sector with total volume of 22,196,400 shares, while commercial banks remained second traded sector with a total volume of 12,604,700 shares.
The three top traded companies were Fauji Cement with a volume of 10,177,000 and price per share of 37.79 (0.97), Ist.Dawood Bank with a volume 5,164,000 of price per share of 1.55 (0.22), and MapleLeafCement with a volume 3,159,500 of price per share of 78.30 (3.72).
The top three gainers were Pak Tobacco with price per share 1150 (35.81), Exide (PAK) with price per share of 938.75 (31.61) and Sapphire Fiber with price per share of 724 (20.95).
The top three losers were Wyeth Pak Ltd with price per share of 2210 (-110), Bata (Pak) with price per share of 3211 (-58.70) and Indus Dyeing per share of 910.55 (-21.78).
Earlier, the Karachi stock welcomed New Year with positive note as 100-index added 199.63 points to cross the psychological barrier of 33,000 points and reach 33015.94 level in early trading.
On Thursday, the stock market witnessed rangebound trading as the benchmark KSE 100-index declined by 9 points and closed at the 32,816.31 points. The traded volume was 99m shares which was 40% down compared to 3-month average volume of 163.m shares and value of Rs 5.5b ($52m) was down by 32% as compared to 3-month average value of Rs 8.2b ($78m).