KARACHI: The Pakistan Stock Exchange (PSX) Thursday surged by 32 per cent or 106.05 points to reach 33028.45 points level till midday.
The stocks recorded the highest trading level of 333043.51 points and lowest level of 32910.47 points, with the volume of 90 million shares, having about Rs5.05 billion value. As many as 280 companies were active; of which 157 advanced, 99 declined and 24 remained unchanged.
Power generation and distribution was the top traded sector with 18,840,900 volume, while cement remained second with 13,860,600 volume.
The three top traded companies were K-Electric Ltd with a volume of 17,461,000 and price per share of 7.10 (0.09), TRG Pak Ltd with a volume 6,489,500 of price per share of 28.15 (0.33), Dewan Cement with a volume 6,461,000 of price per share of 13.31 (0.38).
The top three gainers were Rafhan Maize XD with price per share 7499 (174), Bata (Pak) with price per share of 3500 (140) and Mari PetroleumXD price per share of 703 (20.53).
The top three losers were Island Textile with price per share of 700 (-34), Sapphire Fiber with price per share of 541.05 (-28.45) and Shezan Inter per share of 450 (-18.50).
Earlier, the stocks started day with bullish note and added 80.25 points to cross 33,000 mark and reached 33002.65 points level in early trading.
On Wednesday, the PSX witnessed fluctuation in trading and lost most of the early gains, but remained in green zone with 42.73 points surge to reach 32922.40 points level at closing. As many as 312 companies were active; of which 167 advanced, 122 declined and 23 remained unchanged.
