KARACHI: Despite losing most of the early gains, the Pakistan Stock Exchange remained in positive note as benchmark 100-inded added 26.16 points to reach 36291.28 points level till midday.
The stocks recorded the highest trading level of 36412.23 points and lowest level of 36231.58 points, with the volume of 182 million shares, having about Rs8 billion value. As many as 318 companies were active; of which 161 advanced, 137 declined and 20 remained unchanged.
Cement was the top traded sector with 34,238,900 volume, while technology & communication remained second with 24,455,000 volume.
The three top traded companies were Dewan Cement with a volume of 28,982,000 and price per share of 16.60 (0.23), TRG Pak Ltd with a volume 20,586,000 of price per share of 36.77 (1.14), K-Electric Ltd with a volume 16,985,500 of price per share of 7.39 (0.11).
The top three gainers were Nestle Pak XD with price per share 7170 (110), Sanofi-Aventis XD with price per share of 552.34 (26.30) and Indus Dyeing price per share of 599 (19).
The top three losers were Bata (Pak)XD with price per share of 3400 (-100), Pak TobaccoXD with price per share of 1260 (-49.35) and Khyber Tobacco per share of 387 (-13).
On Tuesday, the stocks market closed almost flat but maintained its all-time high level. Investor interest was seen in the cement sector with Dewan Cement (up 5.7 percent), Cherat Cement (rising 2.3 percent) and Lucky Cement (increasing 1.5 percent). The Pakistan Stock Exchange’s (PSX) benchmark 100-share Index closed up 30.13 points, or 0.08 percent, to 36,265.12 points. The highest index of the day was 36,340.47 points and the lowest level was recorded at 36,037.02 points. Turnover increased eight million shares to 281.46 million shares. Trading value decreased to Rs11.89 billion from Rs12.84 billion and the market capital fell to Rs7.43 trillion from Rs7.44 trillion. Of a total of 371 companies, 183 closed up, 165 ended down and 23 remained unchanged.
