KARACHI: The Pakistan Stock Exchange Thursday further gained 210.11 points to take the tally to 49665.97 points level at closing.
The stocks recorded the highest trading level of 49933.91 points and lowest level of 49426.87 points, with the volume of over 447 million shares and value of Rs 24.10 billion. As many as 413 companies were active; of which 184 advanced, 215 declined and 14 remained unchanged.
Dost Steels Ltd was the volume leader with 57.67 million shares, adding Rs 0.60 to finish at Rs 14.73. It was followed by K-Electric with 42.78 million shares, gaining Rs 0.13 to end at Rs 10.41 and TRG Pak Ltd with 32.44 million shares, adding Rs 1.83 to close at Rs 58.63.
The top three gainers were Wyeth Pak Ltd with price per share of 4526.55 (215.55), Bata (Pak) with price per share of 4294 (204) and Colgate Palmolive share of 1890 (85).
The top three losers were Rafhan Maize with price per share of 7500 (-137), Philip Morris Pak with price per share of 2600 (-40) and Khyber Tobacco per share of 960.33 (-39.60).
Earlier, the stocks opened bullish and gained 335 points to reach 49791.19 points level in early trading. The PSX gained 385 points to reach 49841 points level till midday.
On Wednesday, the PSX added mammoth 698 points or (1.4%) to close at 49,455.85 level. Hub Power (HUBC) with a weight of 4 percent in KSE-100 index contributed around 77 points to the index. Interest was also seen in International Steel (ISL) and International Industries (INIL) which closed at their upper circuits following expansion announcement by ISL. Colgate Palmolive Pakistan (COLG) announced 2QFY17 financial results reporting profit of Rs870 million (EPS Rs18.1), up 28 percent YoY. K-Electric emerged as volume with 68 million traded shares. Overall, volumes increased by 12.7 percent to 356 million shares, while value raised by 5 percent to Rs20.3 billion.
