KARACHI: The Pakistan Stock Exchange (PSX) Thursday remained in bullish note and gained 92.35 points to take the tally to 31193.73 points level at closing.
The stocks recorded the highest trading level of 31247.85 points and lowest level of 31052.13 points, with the volume of 85.73 million shares, having over Rs6.08 billion value. As many as 308 companies were active; of which 148 advanced, 145 declined and 15 remained unchanged.
Cement was the top traded sector with 12,161,300 volume, while fertilizer remained second with 8,412,000 volume.
The three top traded companies were Descon Chemical with a volume of 4,827,500 and price per share of 6.89 (0.04), TRG Pak Ltd with a volume 3,907,500 of price per share of 27.90 (-0.11), and Maple Leaf Cement with a volume 3,473,000 of price per share of 83.20 (1.61).
The top three gainers were Pak Tobacco with price per share 1282.75 (61.08), Siemens Pak.XD with price per share of 926.10 (44.10) and Shield Corp price per share of 558.90 (26.55).
The top three losers were Nestle Pak with price per share of 7200 (-290), Unilever Foods with price per share of 5800 (-200) and Hinopak Motor per share of 1087.31 (-57.22).
Earlier, soon after taking a good start by adding 145 points, the PSX quickly slid to 29 points to reach 31122.60 points level. The stocks continued upward rally and added 86.60 points to take the tally to 31187.98 points level till midday.
On Wednesday, the KSE-100 index closed higher amid speculations ahead of SBP policy rate announcements by new monetary policy committee this week. The PSX index remained bullish in the first half but lost its charm later in the day and finally closed at 31,101, 27 points, up 27 points or 0.09%. Traded volume increased by 10.4% to 119.3m shares, while traded value decreased 1.5% Rs6.4b.
