KARACHI: Despite losing some early gains, the Pakistan Stock Exchange remained in green zone as benchmark 100-index gained 39.63 points to reach 36621.98 points level on Wednesday.
The stocks recorded the highest trading level of 36767.24 points and lowest level of 36570.23points, with the volume of over 138 million shares, having about Rs 5 billion value. As many as 298 companies were active; of which 170 advanced, 107 declined and 21 remained unchanged.
Power generation & distribution was the top traded sector with 24,057,700 volume, while oil miscellaneous remained second with 17,007,300 volume.
The three top traded companies were Power Cement Ltd with a volume of 15,405,000 and price per share of 11.25 (0.33), Pace (Pak) Ltd with a volume 13,285,000 of price per share of 7.46 (0.38), Japan Power with a volume 11,990,500 of price per share of 5.17 (0.34).
The top three gainers were Bata (Pak) with price per share 3700 (80), Service Ind.Ltd with price per share of 819.35 (39.01) and Bhanero Tex price per share of 704.55 (33.55).
The top three losers were Sanofi-Aventis with price per share of 533.10 (-26.90), Sunrays Textile with price per share of 309.48 (-16.28) and Murree Breweryper share of 632 (-13).
Earlier, the stocks recouped the overnight losses as benchmark 100-index gained 159.72 points to reach 35742.07 points level in early trading.
On Tuesday, the local equities snapped their seven-day positive streak as the benchmark KSE-100 index dipped close to the 36,500 level amid profit-taking and lack of interest in financial stocks. At close on Tuesday, the Pakistan Stock Exchange’s (PSX) benchmark KSE 100-share index fell 0.38% or 141 points to end at 36,582.35. Trade volumes rose to 298 million shares compared with Monday’s tally of 265 million. Shares of 385 companies were traded. At the end of the day, 156 stocks closed higher, 199 declined while 30 remained unchanged. The value of shares traded during the day was Rs11.4 billion.
