KARACHI: Started with positive note, the Pakistan Stock Exchange Wednesday shed all the gains in last session as benchmark KSE-100 index lost another 111.48 points to drop to 32154.17 points level at closing.
The stocks recorded the highest trading level of 32484.75 points and lowest level of 32059.54 points, with the volume of 115,443,700 shares, having over Rs6.755 billion value. As many as 320 companies were active; of which 97 advanced, 195 declined and 28 remained unchanged.
Despite devaluation in price shares, the three top traded companies were TRG Pak Ltd with a volume of 14,782,000 and price per share of 29.37 (-1.54), Jah.Sidd. Co. with a volume 5,958,500 of price per share of 18.61 (-0.99), and Fauji Cement with a volume 4,071,500 of price per share of 37.94 (-0.03).
The top three gainers were Rafhan Maize with price per share 8500 (200), Exide (PAK) with price per share of 903 (43) and Ghandhara Ind price per share of 393.49 (18.39).
The top three losers were Siemens Pak.SPOT with price per share of 836 (-44), Mari Petroleum with price per share of 638.93 (-30.50) and Murree Brewery per share of 883.50 (-16.50).
Earlier, the PSX opened positive, gaining 145.80 points to reach 32411.45 points level, with the volume of 11,732,150 shares. The KSE-100 index gained upward momentum by adding 103.65 points to reach 32369.30 points level till midday.
On Tuesday the market experienced heavy selling early morning and the benchmark KSE-100 dropped down 314.83 points to 32,005.22. The indexes rebounded later in the day with KSE-100 index ending down 54.40 points at 32,265.65. There were only 81 advancers in contrast to 205 decliners. Market turnover escalated from last session’s low of 86.486 million to 127.41 million.
