KARACHI: Despite losing some early gains, the Pakistan Stock Exchange remained in green zone as benchmark 100-index gained 41.54 points to reach 36540.97 points level on Thursday.
The stocks recorded the highest trading level of 36683.55 points and lowest level of 36461.95 points, with the volume of over 213 million shares, having about Rs 10 billion value. As many as 368 companies were active; of which 135 advanced, 210 declined and 23 remained unchanged.
Power generation & distribution was the top traded sector with 36,331,700 volume, while oil cement remained second with 20,726,000 volume.
The three top traded companies were K-Electric Ltd with a volume of 27,856,500 and price per share of 7.87 (-0.16), Jah.Sidd. Co with a volume 12,929,500 of price per share of 21.85 (-1.01), Power Cement Ltd with a volume 11,447,000 of price per share of 11.35 (0.00).
The top three gainers were Nestle Pak XD with price per share 7350 (350), Philip Morris Pak with price per share of 1674.25 (79.25) and Pak Services price per share of 525 (25).
The top three losers were Rafhan Maize with price per share of 8790 (-96.15), Hinopak Motor with price per share of 1073 (-38.16) and Exide (PAK) share of 765 (-30.10).
Earlier, the stocks regained 127.46 points to reach 36626.89 points level till midday.
On Wednesday, bear-run continued at the Pakistan Stock Exchange, with the benchmark 100-share index losing 82.93 points (0.23%) to close at 36,499.43 points. PSMC (up 3.15%) and HCAR (0.83%) in the automobile sector continued their upward trajectory on the back of depreciating Yen. OGDC (up 0.90%), POL (0.73%) and PPL (0.26%) in the E&P sector gained to close in the green zone, as crude oil prices recovered to trade above $49/bbl level. Volumes decreased by 9.7% to 298m shares while value also decreased by 21% to Rs9b/$86.5m. Heavy weight stocks like ENGRO, MCB, UBL declined by 2%, 1.6% and 0.4% respectively.
