KARACHI: The Pakistan Stock Exchange Thursday recouped with 371.61 points to again cross the psychological barrier of 49,000 and closed at 49013.82 points level.
The stocks recorded the highest trading level of 49065.33 points and lowest level of 48642.21 points, with the volume of over 456 million shares and value of Rs 23.27 billion. As many as 409 companies were active; of which 274 advanced, 118 declined and 17 remained unchanged.
BoP was the volume leader with 32.77 million shares, adding Rs 0.13 to finish at Rs 17.91. It was followed by K-Electric with 29.85 million shares, gaining Rs 0.03 to end at Rs 9.45 and Dost Steels Ltd with 22.46 million shares, adding Rs 22.46 to close at Rs 14.12.
The top three gainers were Wyeth Pak Ltd with price per share of 4832.50 (83.50), Ghandhara Ind with price per share of 1131.63 (53.85) and Millat Tractors share of 1108.99 (52.80).
The top three losers were Bata (Pak) with price per share of 3992.20 (-210.10), Sanofi-Aventis with price per share of 2596.39 (-125.61) and Siemens Pak per share of 1171.10 (-49.68).
Earlier, the stocks started trading on positive note as the benchmark 100-index gained 73.67 points to reach 48715.88 points level in early trading. The Pakistan Stock Exchange rebounded with 270.71 points till midday to reach 48912.92 points level.
On Wednesday, the index closed slightly negative by 36.44 points or (down 0.07%) to close at 48,642.21 level. Market opened on a positive note and rallied to make an intraday high of 292 points but came under selling pressure as the day progressed. Major decline was seen in OGDC as Privatisation Commission announced to sell 5 percent shares. PAEL was the volume leader with more than 19 million shares traded. Overall, volumes decreased by 9 percent to 330 million shares, while value decreased by 2.2 percent Rs21.9 billion.
