KARACHI: The Pakistan Stock Exchange (PSX) Tuesday lost most of the early gains at the last session, but remained in green zone. The KSE-100 index added 82.46 points to reach 31960.61 points level at closing.
The stocks recorded the highest trading level of 32174.16 points and lowest level of 31866.77 points, with the volume of 144.36 million shares, having over Rs8.58 billion value. As many as 327 companies were active; of which 155 advanced, 155 declined and 17 remained unchanged.
Cement was the top traded sector with 18,665,800 volume, while commercial banks remained second with 17,375,400 volume.
The three top traded companies were Fauji Cement with a volume of 12,274,500 and price per share of 39.76 (0.84), BO Punjab with a volume 10,132,000 of price per share of 8.83 (-0.14), and Jah.Sidd. Co with a volume 8,087,000 of price per share of 17.60 (0.69).
The top three gainers were Shield Corp with price per share 586.84 (27.94), JDW Sugar XD with price per share of 325.21 (15.48) and ICI Pakistan price per share of 459.75 (14.75).
The top three losers were Bata (Pak) with price per share of 3165.11 (-136.00), Pak Tobacco with price per share of 1216.15 (-63.62) and Bhanero Tex per share of 488.71 (-25.72).
Earlier, the bullish trend helped the stocks crossing 32,000 mark by gaining 285.92 points to reach 32164.07 level at opening. The PSX maintained upward rally till midday and added 286.22 points or 0.90 per cent to take the tally to 32164.37 points level.
On Monday, the benchmark-100 index ended 1.85% higher as news of the central bank maintaining the policy rate at 6% spurred investors to buy banking stocks. The increase was the index’s highest this year so far, as a bearish momentum has made way for a surge in stock prices over the last few sessions. At close, the Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index rose 1.85% or 579.55 points to end at 31,878.15. Trade volumes rose to 134 million shares compared with Friday’s tally of 141 million shares.
