KARACHI: Despite losing some early gains, the Pakistan Stock Exchange (PSX) remained in positive zone and added 181.16 points to reach 31255.54 points level till midday on Wednesday.
The stocks recorded the highest trading level of 31386.35 points and lowest level of 31074.38 points, with the volume of 70.36 million shares, having over Rs3.96 billion value. As many as 257 companies were active; of which 171 advanced, 73 declined and 13 remained unchanged.
Fertilizer was the top traded sectors with 10,579,100 volume, while cement remained second with 10,521,300 volume.
The three top traded companies were TRG Pak Ltd with a volume of 4,662,000 and price per share of 28.09 (0.63), Silk Bank Ltd with a volume 4,524,000 of price per share of 1.79 (0.14), and Engro Fert with a volume 3,416,500 of price per share of 80.40 (1.59).
The top three gainers were Ferozsons (Lab) with price per share 1015 (11.98), Indus Motor Co with price per share of 1050 (10.01) and Biafo Ind price per share of 269.75 (9.75).
The top three losers were Service Ind.Ltd with price per share of 861.01 (-32.82), Noon PakistanSPOT with price per share of 250.68 (-13.19) and Atlas Honda Ltd per share of 380 (-10).
Earlier, the PSX took a positive start and gained 307.81 points in early trading to reach 31382.19 points level.
On Tuesday, the stocks closed almost flat amid global equities turmoil after WTI crude oil fell below $30/barrel. The PSX index gained only 9.26 points and closed at 31074.38 points. Despite fall in international oil prices, index was in pressure in the early hours but recovered in the end to close marginally up. Traded volume decreased by 16.4% to 108m shares, while traded value remained unchanged at Rs6.5b/$62m. Out of total 303 traded companies in the session, 155 closed in decline, 126 in advance while 22 remained unchanged.
