KARACHI: After witnessing one of the worst trading days, the Karachi Stock Exchange Tuesday came out of the bearish trend and gained 141.26 points to reach 32396.46 level till midday
The market recorded the highest trading level of 32464.52 points and lowest level of 32226.20 points, with the volume of 26,921,630 shares, having Rs2,074,553,915 value. As many as 257 companies were active; of which 147 advanced, 93 declined and 17 remained unchanged.
Cement remained the highest traded sector with total volume of 5,145,200 shares, while the commercial banks remained second traded sector with a total volume of 4,785,200 shares.
The three top traded companies were Pak Elektron with a volume of 4,393,500 and price per share of 64.85 (1.28), K-Electric Ltd with a volume 2,687,500 of price per share of 7.21 (0.01), Sui North Gas with a volume 2,586,000 of price per share of 28.80 (0.12).
The top three advancers were Unilever Foods with price per share 6400 (200), Colgate PalmoXD with price per share of 1475 (15) and Service Ind.LtdXD with price per share of 865 (15).
The top three decliners were Sapphire Fiber with price per share of 670 (-35), Ghandhara Ind with price per share of 311.09 (-16.37) and Noon Pakistan per share of 266.86 (-14.04).
On Monday, the KSE-100 index nose-dived 705.07 points to reach 32,255.20. The market volumes improved from last session’s 122.33 million to 142.76 million, but still remained below par. The commercial banks topped the volume chart with 18.28 million shares traded followed by power generation and distribution sector and technology and communication with 15.7 million and 13.77 million shares traded respectively.
