KARACHI: The Pakistan Stock Exchange Friday shed almost all the early gains in the last session but closed in green zone adding only 8.45 points to reach 36693.50 points level.
The stocks recorded the highest trading level of 36848.02points and lowest level of 36646.97 points, with the volume of 395 million shares, having over Rs 11.5 billion value. As many as 345 companies were active; of which 149 advanced, 174 declined and 22 remained unchanged.
Power generation & distribution was the top traded sector with 62,981,200 volume, while chemical remained second with 45,788,100 volume.
The three top traded companies were K-Electric Ltd with a volume of 38,395,000 and price per share of 7.67 (-0.22), Dewan Cement with a volume 31,781,500 of price per share of 16.70 (0.34), Jah Sidd Co with a volume 26,462,500 of price per share of 23.50 (1.11).
The top three gainers were Rafhan MaizeXD price per share of 8463 (403), Bata (Pak)XD with price per share 3622.50 (172.50) and Island Textile with price per share of 840 (40).
The top three losers were Nestle Pak XD with price per share of 7000 (-100), Ferozsons (Lab) with price per share of 979.50 (-20.19) and Colgate Palmo per share of 1482 (-17).
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. Bull-run continued at the PSE and added 44.62 points to take reach 36729.67 points level till midday.
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.
