KARACHI: Opened with positive note, the Pakistan Stock Exchange (PSX) shed all the gains and lost 1.70 points to reach 33078.70 points level on Monday.
The stocks recorded the highest trading level of 33164.99 points and lowest level of 33055.43 points, with the volume of 57.44 million shares, having about Rs2.13 billion value. As many as 256 companies were active; of which 131 advanced, 105 declined and 20 remained unchanged.
Auto assembling was the top traded sector with 8,035,550 volume, while commercial banks remained second with 5,973,500 volume.
The three top traded companies were Dewan Motors with a volume of 5,676,000 and price per share of 9.35 (0.18), Quice Food with a volume 3,199,000 of price per share of 7.81 (0.90), BO Punjab with a volume 2,375,500 of price per share of 9.03 (0.02).
The top three gainers were Shezan Inter with price per share 483.97 (22.47), Ghandhara Ind with price per share of 376.70 (11.84) and Indus Highnoon (Lab) price per share of 510 (10.25).
The top three losers were Hinopak Motor with price per share of 971 (-26), Pak Suzuki with price per share of 424.10 (-12.21) and Agriautos Ind.XD per share of 185.25 (-9.75).
Earlier, the Pakistan Stock Exchange (PSX) opened positive by gaining 79.69 points to reach 33160.09 points in early trading.
Last week, the stock market remained range bound due to profit-taking. During the week, foreigners turned net sellers with net selling of $7.7 million versus net inflows of $4.1 million recorded. On a sector level, General Industrials, Pharma & Bio Tech and Travel & Leisure were among major gainers as they rose in the range of 4.1-7.0 percent. Major losers were Chemicals, which declined 2.6 percent and Food Producers, which fell 2.0 percent. Major buying was seen in Cement sector with net buying of $6.5 million, whereas net selling was seen in Chemicals with selling of $6.6 million.
