KARACHI: The Pakistan Stock Exchange Thursday remained bullish as benchmark 100-index gained 145.42 points to take the tally to 49517.02 points level.
The stocks recorded the highest trading level of 49804.55 points and lowest level of 49371.60 points, with the volume of over 563 million shares and value of Rs 23.70 billion. As many as 424 companies were active; of which 211 advanced, 196 declined and 17 remained unchanged.
Pervez Ahmed was the volume leader with 58.84 million shares, adding Rs 0.35 to finish at Rs 3.09. It was followed by TRG Pak Ltd with 34.13 million shares, adding Rs 1.62 to end at Rs 49.60 and K-Electric Ltd with 30.46 million shares, without gaining or loosing value closed at Rs 9.37.
The top three gainers were Unilever Foods with price per share of 5985 (285), Nestle Pakistan with price per share of 9300 (162.95) and Sanofi-Aventis share of 2731.94 (126.87).
The top three losers were Rafhan Maize with price per share of 8040 (-160), Wyeth Pak Ltd with price per share of 4960 (-68.86) and Pak Tobacco per share of 1212.51 (-30.99).
Earlier, the stocks continued its bullish rally and gained 356 points to reach 49727.22 points level in early trading. Despite shedding some early gains, the Pakistan Stock Exchange (PSX) remained in green zone and added 192.86 points to reach 49564.46 points level till midday.
On Wednesday, the index rallied around 506 points or (up 1.04%) to close at 49,372 points. Banking sector led the gains in the market, as the sector gained to close (up 1.3%) higher than its previous day close. MCB (gains 3.59%) and UBL (2.02%) were major index movers from the aforementioned sector. INDU (rose 3.51%) and HCAR (1.83%) were top performers of the aforementioned sector. volumes increased by 11.3 percent to 460 million shares, while traded value increased by 23.8 percent to Rs24.9 billion.
