KARACHI: Opened on positive note, the Pakistan Stock Exchange closed negative as the benchmark 100-index lost massive 451.94 points to drop to 47125.12 points level on Monday.
The stocks recorded the highest trading level of 47672.62 points and lowest level of 46743.55 points, with the volume of over 154.15 million shares and value of Rs8.18 billion. As many as 361 companies were active; of which 68 advanced, 279 declined and 14 remained unchanged.
TRG Pak Ltd was the volume leader with 16.26 million shares, adding Rs 0.41 to finish at Rs 50.47. It was followed by Aisha Steel Mill with 6.93 million shares, losing Rs 0.55 to end at Rs 23.60 and Engro Polymer with 6.88 million shares, adding Rs 0.41 to close at Rs 25.36.
The top three gainers were Nestle Pakistan with price per share of 9642.50 (342.50), Khyber Tobacco with price per share of 900 (32) and National Refinery share of 737.32 (18.39).
The top three losers were Wyeth Pak Ltd with price per share of 2357.94 (-124.10), Sapphire Tex with price per share of 1192.74 (-62.77) and Sapphire Fiber per share of 1142.85 (-60.15).
Earlier, the PSX started new week on positive note as the benchmark 100-index gained 47652 points level in early trading. The PSX became bearish after shedding 127 points to drop to 47450 points level till midday.
On Friday, the stocks continued its previous day momentum on weakened as the index lost around 374 points or (0.78pc) and to close at 47,577 level. Overall, volumes declined to 125.7 million shares compared to 233 million shares changed hand yesterday, while the traded value plunged to Rs7.13 billion from Rs12 billion. Volumes were led by Sui Southern Gas with 11.7 million shares traded, Aisha Steel Mill with 7.8 million shares traded and K-Electric with 6 million shares traded, respectively.
