KARACHI: The Pakistan Stock Exchange Wednesday closed bullish as the benchmark 100-index gained 111.80 points to take the tally to 42404.47 points level at the last session.
The stocks recorded the highest trading level of 42481.07 points and lowest level of 42213.50 points, with the volume of over 385.70 million shares and value of Rs 13.06 billion. As many as 392 companies were active; of which 171 advanced, 191 declined and 30 remained unchanged.
WorldCall Telecom was the volume leader with 37.17 million shares, adding Rs 0.18 to finish at Rs 2.96. It was followed by Japan Power with 29.37 million shares, shedding Rs 0.17 to end at Rs 6.52 and BoP with 22.88 million shares, dropping Rs 0.14 to close at Rs 19.72.
The top three gainers were Wyeth Pak Ltd with price per share of 3730.05 (64.27), Exide (PAK) with price per share of 994.61 (47.36) and Siemens Pak share of 1199 (47).
The top three losers were Philip Morris Pak with price per share of 1837.06 (-96.68), Island Textile with price per share of 1200 (-60.99) and Sapphire Fiber per share of 997.50 (-52.50).
Earlier, the stocks opened with positive note and added 121.69 points to reach 42414.36 points level in early trading. The Pakistan Stock Exchange again became bearish till midday after witnessing a bullish opening as the benchmark 100-index shed 66.73 points to drop to reach 42225.94 points level.
On Tuesday, the stocks witnessed another bearish session over political uncertainty in the country. The 100-share index lost 233.32 points and closed at 42292.67 points. Pressure was seen in heavy-weight stocks such as UBL, HBL and HUBC which contributed 83 points to the fall in index.
Overall, volumes declined by 34% to 365m shares, while value decreased by 33.5% Rs11.7b/$112m. BOP was volume leader with 29m shares traded, followed by PIA with 24mn shares and Japan Power with 18m shares.
