KARACHI: Bull-run continued at the Pakistan Stock Exchange on Friday and added 44.62 points to take reach 36729.67 points level till midday.
The stocks recorded the highest trading level of 36848.02points and lowest level of 36684.98 points, with the volume of 219 million shares, having over Rs 6 billion value. As many as 300 companies were active; of which 165 advanced, 116 declined and 19 remained unchanged.
Power generation & distribution was the top traded sector with 39,634,600 volume, while chemical remained second with 24,002,900 volume.
The three top traded companies were K-Electric Ltd with a volume of 27,408,000 and price per share of 7.92 (0.03), Dewan Cement with a volume 25,893,500 of price per share of 17.07 (0.71), Japan Power with a volume 14,793,000 of price per share of 5.14 (0.47).
The top three gainers were Bata (Pak)XD with price per share 3622.50 (172.50), Island Textile with price per share of 840 (40) and Hinopak Motor price per share of 1140 (14.47).
The top three losers were Nestle Pak XD with price per share of 7000 (-100), Feroze 1888 SPOT XD with price per share of 201.79 (-10.62) and Masood Textile per share of 165.50 (-8.50).
Earlier, the Pakistan Stock Exchange continued its upward journey to make new record as benchmark 100-index added 87.79 points to reach 36772.84 points level in early trading.
On Thursday, the index rallied by 367 points to close at the highest-ever level of 36,685 points. Rally in the market is attributed to the 9 scrips that are expected to be included in MSCI Emerging market index as MCB, up 4.97%, ENGRO, 2.04%, and HUBC, 2.26%, closed in the green zone. Biggest laggards of the aforementioned sector were OGDC, down 1.24%, and ATRL, 0.48%. Volumes increased by a staggering 74% to 468m shares while value also increased by 57% to Rs 16b.
