KARACHI: After a cheering start, bears crept into stocks, eroding the early gains as the KSE 100-index shed 15.21 points to close at 32968.26 points on Wednesday.
The stocks recorded the highest trading level of 33123.53 points and lowest level of 32930.37 points, with the volume of 100.5 million shares, having about Rs6.94 billion value. As many as 307 companies were active; of which 124 advanced, 166 declined and 17 remained unchanged.
The three top traded companies were TRG Pak Ltd with a volume of 7,362,500 and price per share of 34.69 (0.10), Pak Elektron with a volume 6,780,500 of price per share of 68.15 (-0.17), and Gharibwal Cement with a volume 6,266,000 of price per share of 48.27 (2.29).
The top three gainers were Ferozsons (Lab) with price per share 1214.26 (57.82), Hinopak Motor with price per share of 611.33 (29.11) and Bata (Pak) with price per share of 3190 (28.25).
The top three losers were Rafhan Maize with price per share of 8700 (-350), Nestle Pak with price per share of 7555 (-245) and Sapphire Fiber per share of 686.90 (-12.05).
Earlier, the KSE-100 index added 59.78 points to reach 33043.25 level till midday.
On Tuesday, the KSE-100 index closed just 25.66 points negative at 33,983.47. KMI 30 lost 80.02 points to reach 56,149.82 and KSE All Share ended only 6.08 points down at 23,045.52. The market volumes frog leaped 23.01% to 142.386 million.
