KARACHI: The Pakistan Stock Exchange (PSX) Thursday witnessed fluctuation in trading and remained in negative zone till midday as KSE-100 index shed -16.65 points to drop to 32127.94 points level.
The stocks recorded the highest trading level of 32205.46 points and lowest level of 32090.47 points, with the volume of 48.54 million shares, having about Rs3.19 billion value. As many as 257 companies were active; of which 103 advanced, 138 declined and 16 remained unchanged.
Refinery was the top traded sector with 7,611,400 volume, while technology & communication remained second with 3,946,000 volume.
The three top traded companies were Byco Petroleum with a volume of 7,814,000 and price per share of 18.71 (0.38), TPL Trakker Ltd with a volume 3,130,000 of price per share of 13.34 (0.72), and TRG Pak Ltd with a volume 3,096,000 of price per share of 27.90 (0.16).
The top three gainers were Mari Petroleum with price per share 668.35 (13.52), Highnoon (Lab) with price per share of 514 (7.83) and The Searle Com price per share of 447.36 (5.87).
The top three losers were Rafhan Maize with price per share of 7700 (-400), Hinopak Motor with price per share of 1093 (-46.12) and Atlas Batteryper share of 678 (-21).
Earlier, the PSX opened with positive note, adding 25.96 points to reach 32205.46 points level in early trading.
On Wednesday, the stocks continued its downward trajectory as the PSX benchmark index shed another 299.61 points to close at 32,144.59 points. Heavy foreign selling kept the market under pressure as investors feared for more selling in the days to come. Traded volume increased by 13.5% to 168m shares while traded value increased 2.07% to Rs9.3b/$88.8m.