KARACHI: The stock market kept the upward momentum of early trading till midday as the Karachi Stock Exchange benchmark KSE-100 index added 255.83 points to take the tally to 32756.58 level on Monday.
The stocks recorded the highest trading level of 32758.94 points and lowest level of 32500.75 points, with the volume of 53,867,850 shares, having Rs3.7 billion value. As many as 257 companies were active; of which 150 advanced, 90 declined and 17 remained unchanged.
Commercial banks remained the highest traded sector with total volume of 22,196,400 shares, while cement remained second traded sector with a total volume of 12,604,700 shares.
The three top traded companies were TRG Pak Ltd with a volume of 9,318,000 and price per share of 35.51 (1.51), Sui North Gas with a volume 5,057,000 of price per share of 24.18 (-0.72), and Jah.Sidd. Co with a volume 4,218,000 of price per share of 21.06 (1).
The top three gainers were Ferozsons (Lab) with price per share 1066 (44.94), Highnoon (Lab) with price per share of 592 (24.55) and Siemens Pak with price per share of 923 (22.20).
The top three losers were Rafhan Maize with price per share of 8800 (-99.99), Exide (PAK) with price per share of 950 (-11.50) and Abbott Lab per share of 634 (-5.45).
Earlier, the stocks opened positive after four holidays as the Karachi Stock Exchange gained 71.27 points to reach 32572.02 points in early trading.
On Wednesday, the stock opened with positive note, but started sliding till closing at 32500.75 level by shedding 140.32points on the last trading day before four holidays. The KSE-100 index recorded the highest trading level of 32706.10 points and lowest level of 32489.58 points, with the volume of 71,791,890 shares, having Rs5.8 billion value.
