KARACHI: Opened with positive note, the Pakistan Stock Exchange (PSX) shed all the gains and lost -57.53 points to reach 33022.87 points level at closing on Monday.
The stocks recorded the highest trading level of 33164.99 points and lowest level of 33000.46 points, with the volume of 123 million shares, having about Rs5.24 billion value. As many as 315 companies were active; of which 158 advanced, 135 declined and 22 remained unchanged.
Auto assembling was the top traded sector with 15,300,300 volume, while commercial banks remained second with 14,687,400 volume.
The three top traded companies were Dewan Motors with a volume of 12,271,500 and price per share of 9.90 (0.73), BO Punjab with a volume 6,922,500 of price per share of 9.11 (0.10), K-Electric Ltd with a volume 6,870,500 of price per share of 7.00 (-0.10).
The top three gainers were Shezan Inter with price per share Bata (Pak) (160), Wyeth Pak Ltd XD with price per share of 1690 (40) and Mari PetroleumXD price per share of 667.80 (23.76).
The top three losers were Nestle Pak with price per share of 6450 (-249.99), Unilever Foods with price per share of 4960 (-236.50) and Siemens Pak per share of 750 (-25).
Earlier, the Pakistan Stock Exchange (PSX) opened positive by gaining 79.69 points to reach 33160.09 points in early trading. The PSX shed all the gains and lost 1.70 points to reach 33078.70 points level.
Last week, the stock market remained range bound due to profit-taking. During the week, foreigners turned net sellers with net selling of $7.7 million versus net inflows of $4.1 million recorded. On a sector level, General Industrials, Pharma & Bio Tech and Travel & Leisure were among major gainers as they rose in the range of 4.1-7.0 percent. Major losers were Chemicals, which declined 2.6 percent and Food Producers, which fell 2.0 percent. Major buying was seen in Cement sector with net buying of $6.5 million, whereas net selling was seen in Chemicals with selling of $6.6 million.
