KARACHI: The Pakistan Stock Exchange Thursday lost another 70.91 points to close at 39738.67 points level as profit-taking continues.
The stocks recorded the highest trading level of 39899.74 points and lowest level of 39722.78 points, with the volume of about 36.56 million shares and value of 13.72 billion. As many as 406 companies were active; of which 214 advanced, 176 declined and 16 remained unchanged.
K-Electric Ltd was the volume leader with 27.34 million shares, losing Rs 0.09 to finish at Rs 9.12. It was followed by Byco Petroleum with 26.18 million shares, gaining Rs 1.21 to end at Rs 26.05 and Aisha Steel Mill with 23.60 million shares, adding Rs 0.76 to close at Rs 12.31.
The top three gainers were Bata (Pak) with price per share of 4100 (99.99), Island Textile with price per share of 1353 (63) and Murree Brewery per share of 1274.21 (60.67).
The top three losers were Ferozsons (Lab) with price per share of 854.43 (-44.97), Rafhan MaizeXD with price per share of 7500 (-40) and Pak TobaccoXD per share of 1070.33 (-29.67).
On Wednesday, the stocks remained negative as profit-taking in banking, cement and E&P sectors further dragged benchmark KSE100 index 182.21 to reach 39809.58 points. Major activity was observed in small and mid cap shares. Volumes were down on Wednesday 350 million shares from 424 million shares traded during previous session. Market value of shares traded also slashed to Rs 11billion from Rs 13 billion.
