KARACHI: The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 recouped massive 824.62 points to take the tally to 41558.07 level on Thursday.
The stocks recorded the highest trading level of 41614.28 points and lowest level of 40733.45 points, with the volume of 232.17 million shares and value of Rs11.50 billion. As many as 356 companies were active; of which 272 advanced, 71 declined and 13 remained unchanged.
K-Electric Ltd was the volume leader with 29.66 million shares, shedding Rs0.01 to reach Rs6.09. It was followed by Engro Polymer with 18.95 million shares, adding Rs1.65 to end at Rs35.98 and Dost Steels Ltd with 14.15 million shares, gaining Re1 to close at Rs13.33.
The top three gainers were Nestle Pakistan with price per share of 12570.37 (570.37), Sanofi-Aventis with price per share of 1553.37 (73.37) and Mari Petroleum of 1519.02 (40.72).
The top three losers were Pak Tobacco with price per share of 1399.68 (-72.82), Service Ind. Ltd with price per share of 955 (-44) and Khyber Tobacco share of 1250.92 (-15.96).
Earlier, the stocks soon after starting the day added 223.65 points to reach 40957 points level. The PSX continued its upward journey and gained another 298.52 points to take the tally to 41031.97 points level till midday.
On Wednesday, the PSX benchmark KSE-100 index closed flat at 40,733 points amid see-saw sentiments during the course of the session.
On the flip side, laggards remained fertiliser erode 34 points, food and personal care products shed 23 points, power generation & distribution took away 19 points, automobile parts and accessories shed 15 points and engineering eroded 14 points, according to AHL Market Data.
They said average daily volumes ticked lower by 17 percent DoD to 138 million shares, likewise average daily value traded significantly went down by 37 percent DoD to settle at Rs6 billion/$59 million given higher activity in side board items. Volume leaders during the day were EPCL with 21.3 million shares.
