KARACHI: Despite losing some early gains, the Pakistan Stock Exchange added 73.62 points to take the tally to 40294.38 points level at closing on Tuesday.
The stocks recorded the highest trading level of 40275.84 points and lowest level of 39781.95 points, with the volume of about 573.53 million shares and value of 14.40 billion. As many as 404 companies were active; of which 191 advanced, 124 declined and 19 remained unchanged.
BO Punjab was the volume leader with 86.88 million shares, adding Rs 0.66 to finish at Rs 13.07. It was followed by Byco Petroleum with 35.87 million shares, losing Rs 0.39 to end at Rs 23.86 and WorldCall with 29.27 million shares, shedding Rs 0.11 to close at Rs 2.98.
The top three gainers were Rafhan Maize with price per share of 7350 (179.80), Nestle Pakistan with price per share of 7600 (100) and Sanofi-Aventisper share of 1094.15 (52.10).
The top three losers were Murree Brewery with price per share of 1027.64 (-29.90), Ismail Industr with price per share of 403.88 (-21.25) and Atlas Battery per share of 803.67 (-14.31).
Earlier, soon after the opening, the PSX took a nosedive and shed 59 points, but bounced back and added 26.29 points to reach 40247.05 points level in early trading. After a ‘little tense’ opening, the Pakistan Stock Exchange continued to add more points and took the tally to 40340.52 points level after gaining 119.76 points till midday.
On Monday, bulls returned to the stock market mainly due to blue chip scrips’ buying as the benchmark 100-share index again crossed 40,220.76 points (1.10 per cent) after rallying by 438.81 points. Positivity prevailed in the market as investor interest was seen in textile sector. NML, NCL and GATM gained to close on their respective upper circuits. UBL (up 2.55 per cent) and MCB (0.62 per cent) led the gains in the banking sector, as the sector gained to close (up 0.89 per cent) higher from its previous day’s close. MUGHAL (down 1.3 per cent) lost value to close in the red zone, as the steel manufacturer declared its result for FY16.
