KARACHI: The Pakistan Stock Exchange Tuesday gained 137.66 points to take the tally to another record level of 41123.97points at closing.
The stocks recorded the highest trading level of 41197.34 points and lowest level of 40986.31 points, with the volume of about 559.94 million shares and value of 17.31 billion. As many as 414 companies were active; of which 224 advanced, 173 declined and 17 remained unchanged.
BO Punjab was the volume leader with 59.16 million shares, gaining Rs 1.00 to finish at Rs 15.10. It was followed by PIAC (A) with 44.10 million shares, adding Rs 0.72 to end at Rs 9.55 and TRG Pak Ltd with 32.03 million shares, gaining Rs 1.43 to close at Rs 47.34.
The top three gainers were Rafhan Maize with price per share of 7350 (350), Unilever Foods with price per share of 5433.76 (258.75) and Wyeth Pak Ltd share of 2535.75 (120.75).
The top three losers were Nestle Pakistan with price per share of 7675 (-125), Colgate Palmolive with price per share of 1602 (-68) and Bata (Pak) per share of 4150 (-50).
Earlier, the stocks added another 146 point to cross 41,000 mark and reached 41132.32 points level in early trading. The upward rally continued at the Pakistan Stock Exchange as the benchmark 100-index gained 165.81 points to reach 41152.12 points level till midday.
On Monday, the Pakistan Stock Exchange closed yet again at an all-time high on speculations ahead of earnings season. Positivity prevailed at the stock market as the 100-share index surged by 444.50 points to close at the highest ever level of 40,986.31 points. Top index movers of the heaviest weight sector were UBL (up 2.45%) and MCB (1.81%). Rally in the cement sector was witnessed in anticipation of strong dispatch numbers for the month of September. Volumes increased by 30% to 568m shares while value rose by 25% to Rs17.5b/$168m. Attractive valuations led LUCK to close at its upper limit of 5%, while DGKC and MLCF gained 2.2% and 4.8% respectively. Interest in banks led UBL and MCB to gain 2.4% and 1.4% respectively.