KARACHI: The Pakistan Stock Exchange Thursday recouped 374.15 points to take the tally to 49588.30 points level at closing.
The stocks recorded the highest trading level of 49693.84 points and lowest level of 49163.91 points, with the volume of over 263.26 million shares and value of Rs 18.27 billion. As many as 402 companies were active; of which 252 advanced, 130 declined and 20 remained unchanged.
Aisha Steel Mill was the volume leader with 21.72 million shares, adding Rs 1.30 to finish at Rs 27.38. It was followed by Dost Steels Ltd with 21.42 million shares, adding Rs 0.89 to end at Rs 15.94 and TRG Pak Ltd with 13.70 million shares, gaining Rs 1.19 to close at Rs 58.07.
The top three gainers were Hinopak Motor with price per share of 1699 (77.75), Wyeth Pak Ltd with price per share of 4426 (56) and Pak Tobacco share of 1146.50 (53.25).
The top three losers were Bata (Pak) with price per share of 3950 (-150), Service Ind. Ltd with price per share of 1472 (-45.22) and Mehran Sugar per share of 209.06 (-11).
Earlier, the PSX opened recouping some previous losses and gained 235.61 points to reach 49449.76 points level in early trading. The positive note continued till midday at the stocks as the benchmark 100-index added 141.77 points to reach 49356 points level.
On Wednesday, the PSX benchmark shares index declined by 554 points or (1.1%) to close at 49,214 points level. Banking sector led the decline in the market as index heavy weights HBL (up 1.37%), MCB (1.13%) and UBL (0.89%) lost value to close in the red zone. ASC (rose 5%) and FFBL (4.28%) gained on the back of the news that UAE has lifted an eight years long moratorium on import of poultry from Pakistan. K-Electric emerged volume leader with 45 million traded shares. Overall, volumes increased by 18.1 percent to 417 million shares, while value traded rose by 1.1 percent to Rs17.4 billion.
