KARACHI: The Pakistan Stock Exchange (PSX) Thursday surged by 66 per cent or 216.60 points to cross psychological barrier of 33,000 mark and reached 33139 points level at closing.
The stocks recorded the highest trading level of 33189.03 points and lowest level of 32910.47 points, with the volume of 164 million shares, having about Rs9.72 billion value. As many as 327 companies were active; of which 185 advanced, 122 declined and 20 remained unchanged.
Power generation and distribution was the top traded sector with 21,767,800 volume, while cement remained second with 20,154,000 volume.
The three top traded companies were K-Electric Ltd with a volume of 19,339,500 and price per share of 7.11 (0.10), TRG Pak Ltd with a volume 15,676,500 of price per share of 28.39 (0.57), Pak Elektron with a volume 9,933,000 of price per share of 60.25 (-1.26).
The top three gainers were Nestle Pakwith price per share 7035 (335), Rafhan Maize XD with price per share of 7499 (174) and Bata (Pak) price per share of 3500 (140).
The top three losers were Fazal Cloth with price per share of 121.12 (-6.35), Suraj Cotton with price per share of 114.97 (-6.03) and Colgate Palmo per share of 1475 (-5).
Earlier, the stocks started day with bullish note and added 80.25 points to cross 33,000 mark and reached 33002.65 points level in early trading. The PSX surged by 32 per cent or 106.05 points to reach 33028.45 points level till midday.
On Wednesday, the PSX witnessed fluctuation in trading and lost most of the early gains, but remained in green zone with 42.73 points surge to reach 32922.40 points level at closing. As many as 312 companies were active; of which 167 advanced, 122 declined and 23 remained unchanged.
