KARACHI: The Pakistan Stock Exchange Monday closed higher with 401.20 points gain to cross psychological barrier of 38,000 and reached 38367.96 points level after a week-long Eid holidays.
The stocks recorded the highest trading level of 38427.78 points and lowest level of 37814.60 points, with the volume of 160 million shares, having about Rs 12.48 billion value. As many as 305 companies were active; of which 196 advanced, 90 declined and 19 remained unchanged.
Oil & gas marketing companies was the top traded sector with 26,485,900 volume, while cement remained second with 23,869,300 volume
Sui North Gas was the volume leader with 19.08 million shares, gaining Rs 1.68 to finish at Rs 39.70. It was followed by K-Electric Ltd with 11.12 million shares, gaining Rs 0.01 to close at Rs 8.08 and Dewan Cement with 10.83 million shares, gaining Rs 0.90 to close at Rs 15.50.
The top three gainers were Rafhan Maize with price per share 7824.99 (254.99), Ferozsons (Lab) with price per share of 1092.90 (45.57) and Packages Ltd price per share of 679.64 (32.36).
The top three losers were Exide (PAK) with price per share of 785 (-9), Masood Textile with price per share of 146.13 (-7.69) and Premier Suger per share of 153 (-7.55).
Earlier, the stocks opened bearish shedding 30.64 points to reach 37936.12 points level in early trading. The Pakistan Stock Exchange regained the early losses till midday and gained 138.60 points to cross psychological barrier of 38,000 and reached 38105.36 points level.
Last week, only the PSX was opened on Monday, when it closed higher with 183.22 points gain and reached 37966.76 points level.
The stocks recorded the highest trading level of 38007.51 points and lowest level of 37689.70 points, with the volume of 110.62 million shares, having about Rs 7.06 billion value. As many as 298 companies were active; of which 196 advanced, 92 declined and 10 remained unchanged. Power generation & distribution was the top traded sector with 31,241,500 volume, while oil & gas marketing companies remained second with 19,100,400 volume.
