KARACHI: Despite shedding some early gains, the Pakistan Stock Exchange (PSX) remained in positive zone and added 54 points to reach 33862.51 points level till midday on Tuesday.
The stocks recorded the highest trading level of 33951.41 points and lowest level of 33808.42 points, with the volume of 193 million shares, having about Rs8 billion value. As many as 277 companies were active; of which 156 advanced, 113 declined and 8 remained unchanged.
Power generation & distribution was the top traded sector with 29,349,100 volume, while cement remained second with 21,640,400 volume.
The three top traded companies were K-Electric Ltd with a volume of 26,992,000 and price per share of 7.49 (0.28), TRG Pak Ltd with a volume 15,913,500 of price per share of 32.05 (0.71), Jah.Sidd. Co. with a volume 10,466,500 of price per share of 22.30 (-0.54).
The top three gainers were Hinopak Motor with price per share 995 (14.7), Cherat Pack with price per share of 300.16 (14.29) and Ghandhara Ind. price per share of 391.25 (10.35).
The top three losers were Shezan Inter with price per share of 508.25 (-26.75), Murree Brewery with price per share of 735.01 (-16.12) and Pak Suzuki per share of 426 (-7.01).
On Monday, bull-run continued for the fourth straight session in the PSE. The benchmark KSE 100-index gained 358.80 points to close at 33,808.42 points. Positivity was led by the cement sector. Top performers of the sector were FCCL, which rose by 3.23%, and MLCF that went by 2.29%, brokers said. Stocks in cement sector continued to attract investor attention in anticipation of healthy sales and growth in gross margins. Maple Leaf Cement (MLCF), D.G. Khan Cement (DGKC) and Fauji Cement (FCCL) gained 2.3-3.2%, dealers said.
