KARACHI: The Pakistan Stock Exchange Friday rebounded with huge 532.77 points to take the tally to 47889.37 points level at closing.
The stocks recorded the highest trading level of 47960.80 points and lowest level of 47356.60 points, with the volume of over 152.38 million shares and value of Rs9.24 billion. As many as 361 companies were active; of which 235 advanced, 111 declined and 15 remained unchanged.
Dewan Cement was the volume leader with 21.37 million shares, adding Rs 1.04 to finish at Rs 21.99. It was followed by Aisha Steel Mill with 10.62 million shares, gaining Rs 0.54 to end at Rs 24.61 and TRG Pak Ltd with 8.30 million shares, adding Rs 1.80 to close at Rs 49.30.
The top three gainers were Bata (Pak) with price per share of 4354 (179), Unilever Foods with price per share of 6100 (176.82) and Nestle Pakistan share of 9300 (170).
The top three losers were Atlas Battery with price per share of 939.02 (-30.98), Indus Dyeing with price per share of 670 (-30) and Mari Petroleum per share of 1565.16 (-14.63).
Friday started the last trading day of the week on positive note and gained 195 points to reach 47551 points level in early trading. The PSX continued its upward rally and gained 308.88 points till midday to reach 47665.48 points level.
On Thursday, the stock market again closed negative at 47,356 level declining by 221 points or (0.46%) amid thin activity on concerns for economic uncertainty after IMF warns of fiscal, energy challenges.
UBL, ENGRO and NBP contributed 98 points to the fall in index. Volumes in the market further skimmed to around 146 million shares versus 185 million shares traded previously, while value decreased by 6.8 percent at Rs8.2 billion.
