KARACHI: The Karachi Stock Exchange Tuesday started with positive note and also crossed psychological barrier of 33,000 level at a stage, but KSE-100 index closed negative, dropping 61.83 points to reach 32791.71 points mark.
The market recorded the highest trading level of 33043.34 points and lowest level of 32747.59 points, with the volume of 124,636,080 shares, having Rs7,452,341,705 value. As many as 342 companies were active; of which 154 advanced, 167 declined and 21 remained unchanged.
Power generation & distribution remained the highest traded sector with total volume of 26,334,000 shares, while cable & electrical goods remained second traded sector with a total volume of 18,843,060 shares.
The three top traded companies were K-Electric Ltd with a volume of 21,079,500 and price per share of 7.56 (0.19), Jah.Sidd. Co. with a volume 15,587,500 of price per share of 19.50 (0.67), Pak Elektron with a volume 14,942,500 of price per share of 66.53 (2.28).
The top three gainers were Ferozsons (Lab) with price per share 1028.45 (36.63), Mari Petroleum with price per share of 568.90 (27.09) and Island Textile with price per share of 740 (27).
The top three losers were Nestle Pak with price per share of 8300 (-300), Bata (Pak) XD with price per share of 3000 (-50) and Exide (PAK) per share of 826.89 (-36.84).
Earlier, the KSE opened gaining 83.09 points to reach 32936.63 level, with the total volume of 37,516,000 shares. Till midday, the KSE-100 index continued upward momentum and added 143.13 points to reach 32996.67 level.
On Monday, the KSE-100 index opened the week on a positive note with the benchmark KSE-100 breaking the psychological barrier of 33,000 (up 302.31 points) during the day, But by the day end it had shed these gains to settle at 32,853.54, gaining 145.63 points.
