KARACHI: The Pakistan Stock Exchange (PSX) Wednesday 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.
The stocks recorded the highest trading level of 32998.54 points and lowest level of 32863.62 points, with the volume of 116 million shares, having about Rs7 billion value. As many as 312 companies were active; of which 167 advanced, 122 declined and 23 remained unchanged.
Oil & gas marketing companies was the top traded sector with 24,204,100 volume, while cable & electric goods remained second with 11,495,450 volume.
The three top traded companies were Sui North Gas with a volume of 14,867,500 and price per share of 25.98 (0.50), TRG Pak Ltd with a volume 7,978,000 of price per share of 27.78 (-0.04), Sui South Gas with a volume 7,374,500 of price per share of 27.60 (0.27).
The top three gainers were Philip Morris Pak with price per share 1785 (85), Pak Tobacco with price per share of 1256.85 (59.85) and Mari PetroleumXD price per share of 682.63 (32.50).
The top three losers were Rafhan Maize XD with price per share of 7325 (-170), Service Ind.Ltd with price per share of 850 (-12.01) and Hinopak Motor per share of 971 (-9.11).
Earlier, the stocks opened recouping the previous losses and gained 115.12 points to reach 32994.79 points in early trading. The PSX lost most of the early gains, but remained in green zone with 19.86 points surge to reach 32899.53 points level till midday.
On Tuesday, the Pakistan Stock Exchange closed bearish after slump in crude prices and global equities. The benchmark KSE 100-index lost gains from early hours of trading, when it touched 33,000 index level, to close down 24 points at 32,879.67 points, brokers said. Volumes picked up, increasing 51% to 130.5m shares. Traded value followed suit and rose 25% to Rs5.7b/$54.4m. Total 342 active companies participated in the session, of which 164 closed in decline, 155 in advance while 23 remained unchanged.
