KARACHI: The Pakistan Stock Exchange Monday gained another 129.27 points to close at record 37352.27 points level.
The stocks recorded the highest trading level of 37481.20 points and lowest level of 37203.39 points, with the volume of about 228 million shares, having Rs 12 billion value. As many as 354 companies were active; of which 150 advanced, 190 declined and 14 remained unchanged.
Power generation & distribution was the top traded sector with 54,975,200 volume, while fertilizer remained second with 25,773,000 volume.
The three top traded companies were K-Electric Ltd with a volume of 55,782,000 and price per share of 8.25 (0.26), Lotte Chemical with a volume 18,659,000 of price per share of 6.90 (0.04), Fauji Cement with a volume 12,401,500 of price per share of 32.80 (-1.31).
The top three gainers were Nestle Pak XD with price per share 7888 (374.44), Sapphire Tex with price per share of 708.75 (33.75) and Ferozsons (Lab) price per share of 1027 (32.38).
The top three losers were Rafhan Maize with price per share of 8270 (-430), Pak Tobacco with price per share of 1001.25 (-33.55) and Hinopak Motor per share of 1060 (-23.31).
Earlier, the PSX remained in bullish note and added another 202 points to reach 37425 points level till midday.
Last week, the 100-index grew by 1.4 percent to end at new closing peak of 37,223 points. Average volumes clocked-in at 239mn shares, down by 4 percent during the week. However, average traded value increased by 10 percent to Rs11 billion. Fauji Cement (FCCL) has witnessed significant increase of volume during the last two days, clocking-in at an average 35.6mn shares vs 1.5m shares during last week. During the week, Textile Weaving sector was among the major gainer as it grew by 25 percent, whereas Tobacco was down 3 percent. Foreigners were net buyers of $14.5mn in the outgoing week. Net buying of $12.0mn and $10.2mn was seen in Cement and Oil & Gas marketing sectors. On the other hand, major selling was seen in banking sector to the tune of $8.9m.
