KARACHI: Opened with positive note, the Pakistan Stock Exchange (PSX) Tuesday again closed negative, losing psychological barrier of 33,000 points level as the benchmark KSE-100 index shed 94.57 points to drop to 32928.30 points level.
The stocks recorded the highest trading level of 33191.08 points and lowest level of 32868.07 points, with the volume of 133.16 million shares, having about Rs6.34 billion value. As many as 304 companies were active; of which 104 advanced, 171 declined and 29 remained unchanged.
Commercial banks was the top traded sector with 16,996,100 volume, while auto assembling remained second with 15,155,650 volume.
The three top traded companies were K-Electric Ltd with a volume of 11,361,000 and price per share of 6.93 (-0.08), Dewan Motors with a volume 10,394,500 of price per share of 10.50 (0.73), BO Punjab with a volume 7,234,000 of price per share of 8.90 (-0.23).
The top three gainers were Unilever Foods with price per share 5190 (210), Rafhan Maize XD with price per share of 7980 (101) and Murree Brewery price per share of 835.50 (37.50).
The top three losers were Indus Motor Co XD with price per share of 934.50 (-35.32), Atlas Battery with price per share of 543.51 (-23.82) and Pak Suzuki per share of 406.42 (-21.39).
Earlier, in bid to recoup the overnight losses, the Pakistan Stock Exchange (PSX) opened positive and gained 153 points to reach 33176.29 points level in early trading. The stocks again lost early gains, shedding 135.59 points to reach 32887.28 points level.
On Monday, bearish activity was seen at the stock market amid pressure in oil and fertilizers stocks on uncertainty in global stocks and crude prices. The bench mark KSE 100-share index declined by 57.53 points or 0.17% to close at 33,022 index level. Investors remained on the sidelines. Traded volume went down by 23% to 123m shares.