KARACHI: The Pakistan Stock Exchange 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 Tuesday.
The stocks recorded the highest trading level of 33886.85 points and lowest level of 33714.75 points, with the volume of 122 million shares, having about Rs4.2 billion value. As many as 298 companies were active; of which 161 advanced, 112 declined and 25 remained unchanged.
Automobile assembler was the top traded sector with 19,803,050 volume, while miscellaneous remained second with 13,717,000 volume.
The three top traded companies were Dewan Motors with a volume of 15,654,500 and price per share of 11.15 (0.99), Pace (Pak) Ltd with a volume 13,520,000 of price per share of 6.65 (0.40), TRG Pak Ltd with a volume 11,783,000 of price per share of 35.04 (0.91).
The top three gainers were Rafhan Maize XD with price per share 8544.37 (406.87), Island Textile with price per share of 688.80 (32.80) and Indus Motor Co price per share of 960 (20.82).
The top three losers were Nestle Pak XD with price per share of 7099.99 (-83.57), Pak TobaccoXD with price per share of 1076 (-56.50) and Sapphire Fiber per share of 591 (-30.90).
Earlier, the stocks took a good start as benchmark 100-inded added 74.28 points to reach 33834.25 points level in early trading.
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.
