KARACHI: Despite losing the early gains in the last session, the Pakistan Stock Exchange remained in green zone as benchmark 100-index added 34.10 points to reach 37426.39 points level at closing on Wednesday.
The stocks recorded the highest trading level of 37614.45 points and lowest level of 37392.29 points, with the volume of over 143 million shares, having Rs 8 billion value. As many as 337 companies were active; of which 115 advanced, 193 declined and 29 remained unchanged.
Power generation & distribution was the top traded sector with 24,874,100 volume, while cement remained second with 22,289,300 volume.
The three top traded companies were K-Electric Ltd with a volume of 22,283,500 and price per share of 8.06 (-0.14), Fauji Cement with a volume 15,719,500 of price per share of 34.89 (1.33), Pak Int. Bulk with a volume 13,452,000 of price per share of 32.72 (0.81).
The top three gainers were Rafhan Maize with price per share 8399 (129), Nestle Pak XD with price per share of 7500 (54.23) and Pak Services price per share of 612 (29.14).
The top three losers were Unilever Foods with price per share of 5213 (-173.50), Philip Morris Pak with price per share of 1581.66 (-83.24) and Sapphire Fiber per share of 589.10 (-30.90).
Earlier, the PSX remained in bullish trend and gained 93.10 points to reach 37485 points level till midday.
On Tuesday, the Pakistan Stock Exchange’s (PSX) benchmark KSE 100-share Index recorded a rise of 0.11% or 40.02 points to end at 37,392.29. According to Khan, the top performer of the aforementioned sector on Tuesday was SEARL (+4.85%). Trade volumes fell to 140 million shares compared with Monday’s tally of 227 million. Shares of 333 companies were traded. At the end of the day, 78 stocks closed higher, 231 declined while 24 remained unchanged. The value of shares traded during the day was Rs7.7 billion. K-Electric Limited was the volume leader with 44.1 million shares, gaining Rs0.03 to finish at Rs8.20. It was followed by Fauji Cement with 15 million shares, gaining Rs0.71 to close at Rs33.56 and Dewan Motors with 10.2 million shares, gaining Rs0.79 to close at Rs17.63.
