KARACHI: The Pakistan Stock Exchange Friday ended on positive note, adding 134.60 points to take the tally to 39926.70 points level.
The stocks recorded the highest trading level of 39950.24 points and lowest level of 39792.10 points, with the volume of over 108.67 million shares, having about Rs 15 billion value. As many as 380 companies were active; of which 202 advanced, 155 declined and 23 remained unchanged.
Dewan Cement was the volume leader with 29.18 million shares, gaining Rs1.00 to finish at Rs 19.55. It was followed by Pace (Pak) Ltd with 23.24 million shares, gaining Rs 0.47 to end at Rs 7.17 and K-Electric Ltd with 22.83 million shares, adding Rs 0.04 to close at Rs 8.88.
The top three gainers were Nestle Pak with price per share of 7550 (199), Rafhan Maize with price per share of 7595 (195) and Philip Morris Pak. per share of 1565.83 (67.10).
The top three losers were Tandlianwala Sugar with price per share of 300.68 (-15.82), Exide (PAK)XD with price per share of 761 (-14) and Shifa Int.Hosp per share of 325.72 (-13.28).
Earlier, the Pakistan Stock Exchange continued its upward rally and gained 71.73 points to reach 39863.83 points level in early trading.
On Thursday, buying in cements and some other selected shares helped benchmark KSE 100 index extended gains by 285.52 points to close at 39792.10. Volumes were up to 297 million from 140 million shares traded on previous day. The trading value also surged to Rs 12 billion from Rs 7 billion. K-electric again topped the volume leaders’ list with 25 million shares followed by Dewan Cement (18 million), Sui North Gas (13 million), NIB Bank (10 million), Dewan Motors (10 million), Dewan Salman (9 million) and TRG Pak Ltd (8 million). Major gainers were Island Textile and Muree Brewery which recorded appreciation of Rs 54.27 and Rs 47.54 respectively while share value of Philip Morrris Pak. and Indus Motors suffered decline of Rs 78 and Rs 25.60 respectively. Shares of 414 companies changed hands out of which value of 288 companies registered an increase while 108 remained in red zone. Shares of 18 companies remained unchanged.
