KARACHI: The Pakistan Stock Exchange Thursday adds another 52.06 points to take the tally to 40136.93 points level at closing.
The stocks recorded the highest trading level of 40289.87 points and lowest level of 40053.18 points, with the volume of about 565.88 million shares and value of 16.19 billion. As many as 400 companies were active; of which 205 advanced, 178 declined and 17 remained unchanged.
Pace (Pak) Ltd was the volume leader with 50.50 million shares, adding Rs 0.32 to finish at Rs 8.60. It was followed by Dewan Salman with 48.74 million shares, gaining Rs 1.00 to end at Rs 4.98 and Azgard Nine with 34.10 million shares, adding Rs 0.98 to close at Rs 5.69.
The top three gainers were Indus Motor Co with price per share of 1224.80 (58.32), Atlas BatteryXD with price per share of 731.23 (34.82) and Khyber Tobacco per share of 567.78 (27.03).
The top three losers were Rafhan MaizeXD with price per share of 7322 (-78), Service Ind.Ltd with price per share of 1282.60 (-62.98) and Ghandhara Ind per share of 695.85 (-21.21).
Earlier, the stocks opened keeping bullish note of the previous day and added 116.12 points to reach 40200.99 points level in early trading. Despite shedding some early gains, the PSX remained in positive zone and gained 54.11 points to reach 40138.98 points level till midday.
On Wednesday, the stocks surged by one percent after a much-larger-than-expected jump in monthly cement sales that invited investors interest in the shares as the benchmark 100-index closed higher having 39994.11 points with a positive change of 305.13.
Turnover surged 160 million shares to 498.46 million shares. Trading value increased to Rs17.74 billion from Rs14.05 billion. Market capital expanded to Rs8.05 trillion from Rs7.98 trillion. Out of 446 companies, 306 ended up, 118 closed down and 22 remained unchanged.
Highest increase was recorded in Wyeth Pak Ltd. Its share price closed up Rs95 at Rs1,995/share, followed by Service Industries Ltd that rose Rs49.19 to end at Rs1,345.58/share. Major decrease was registered in Philip Morris Pak. Its share value ended down Rs79.38 at Rs1,510.10/share, followed by Unilever Foods that fell Rs50 to close at Rs5,300/share.
