KARACHI: The Pakistan Stock Exchange witnessed a bearish day over profit-taking as the benchmark 100-index shed massive 574.68 points, losing 52,000 mark to close at 51813.19 points level on Tuesday.
The stocks recorded the highest trading level of 52846.70 points and lowest level of 51754.07 points, with the volume of over 414.57 million shares and value of Rs28.06 billion. As many as 397 companies were active; of which 157 advanced, 215 declined and 25 remained unchanged.
Engro Polymer was the volume leader with 42.40 million shares, gaining Rs 0.30 to reach Rs 31.48. It was followed by Dost Steels Ltd with 41.72 million shares, adding Rs 0.77 to end at Rs 14.97 and Dewan Motors with 20.15 million shares, increasing Rs 2.60 to close at Rs 54.60.
The top three gainers were Rafhan Maize with price per share of 7200 (50), Thal Limited with price per share of 626.86 (27.87) and Shell Pakistan share of 642.75 (18.28).
The top three losers were Sapphire Fiber with price per share of 1326.68 (-69.82), Nestle Pakistan with price per share of 9800 (-50) and Pak Tobacco Ins share of 1496 (-45.40).
Earlier, the stocks opened negative and shed 121 points to drop to 52267 points level in early trading. The bearish note further deepened till midday as the Pakistan Stock Exchange (PSX) lost massive 292 points to reach 52096 points level.
On Monday, the PSX continued upward rally as KSE 100-index up by 637 points to new record high level of 52,388 points. EPCL was volume leader as almost 36m shares of the chemical company exchanged hands. While Dost Steel with 19m traded shares and BOP with 12m shares stood second and thirds. Scrips of total 405 active companies were traded in the session of which 213 closed in positive, 177 in negative while 15 remained unchanged. Volumes further improved to 353m shares versus 347m shares of the previous session. Traded value also rose to Rs23b.
