KARACHI: The Pakistan Stock Exchange Monday added 51.04 points to take the tally to record level of 40414.72 points at closing.
The stocks recorded the highest trading level of 40542.64 points and lowest level of 40363.68 points, with the volume of about 876.82 million shares and value of 19.21 billion. As many as 430 companies were active; of which 268 advanced, 146 declined and 16 remained unchanged.
WorldCall Telecom was the volume leader with 70.40 million shares, adding Rs 0.04 to finish at Rs 2.87. It was followed by BO Punjab with 67.58 million shares, gaining Rs 0.34 to end at Rs 12.62 and Pace (Pak) Ltd with 39.44 million shares, adding Rs 1.00 to close at Rs 9.78.
The top three gainers were Unilever FoodsXD with price per share of 5200 (100), Philip Morris Pak with price per share of 1583.82 (73.72) and Service Ind.Ltd per share of 1378.82 (63.82).
The top three losers were Nestle Pakistan with price per share of 7400 (-200), Rafhan Maize with price per share of 7500 (-99) and Murree Brewery per share of 1176.73 (-11.80).
Earlier, the PSX witnessed another record-breaking opening after gaining 114 points to reach 40477.93 points level in early trading. The Pakistan Stock Exchange gained another 172 points to reach 40535.20 points level till midday.
On Friday, the stock market closed at all-time high amid record trades led by auto and cement sectors. The 100-share index gained 147.33 points (0.37%) to close at 40,363.68 points. Volume surged to over 11-year high of 850 million shares mainly due to activity in side stocks, which was highest since Feb 23, 2005 when 1,086 million shares were traded. Major activity was observed in second and third tier stocks. Automobile sector led the gains on the back of auto sales numbers released by PAMA, which showed MoM growth of 27% for the month of August 2016. Volumes increased by 60% to 850m shares while value rose by 45% to Rs16.6b/$159m.
