KARACHI: Open with the positive note, the Pakistan Stock Exchange shed all the gains and closed negative as benchmark 100-index dropped 30.35 points to drop to 33729.62 points level on Tuesday.
The stocks recorded the highest trading level of 33886.85 points and lowest level of 33676.66 points, with the volume of 241 million shares, having about Rs9 billion value. As many as 333 companies were active; of which 184 advanced, 122 declined and 27 remained unchanged.
Technology & communication was the top traded sector with 26,715,000 volume, while cement remained second with 25,255,100 volume.
The three top traded companies were TRG Pak Ltd with a volume of 22,726,500 and price per share of 35.41 (1.28), Dewan Motors with a volume 17,201,000 of price per share of 11.16 (1.00), Pace (Pak) Ltd. with a volume 17,023,000 of price per share of 6.55 (0.30).
The top three gainers were Rafhan Maize XD with price per share 8544 (406.50), Indus Motor Co with price per share of 950 (10.82) and Mari PetroleumXD price per share of 700.20 (8.95).
The top three losers were Nestle Pak XD with price per share of 7099.99 (-83.57), Philip Morris Pak with price per share of 1629 (-70.90) and Pak TobaccoXD per share of 1076 (-56.50).
Earlier, the stocks took a good start as benchmark 100-inded added 74.28 points to reach 33834.25 points level in early trading. The PSE again shed all the early gains and went to negative zone till midday after shedding 7.37 points to reach 33752.60 points level.
On Monday, the Pakistan Stock Exchange’s benchmark KSE-100 index recorded a drop of 0.02% or 7.15 points to end at 33,759.97. Trade volumes fell to 156 million shares compared with Friday’s tally of 193 million shares. Shares of 349 companies were traded. At the end of the day, 150 stocks closed higher, 181 declined while 18 remained unchanged. The value of shares traded during the day was Rs7.3 billion. Sui Northern Gas Pipelines was the volume leader with 12.3 million shares, gaining Rs1.37 to finish at Rs28.77. It was followed by TRG Pakistan with 9.1 million shares, gaining Rs0.36 to close at Rs34.13 and Pak International Bulk Terminal with 9.1 million shares, gaining Rs0.50 to close at Rs28.06.
