KARACHI: The Pakistan Stock Exchange Monday took a rollercoaster ride and witnessed historic worst day losing 1899.88 points to drop to 44665.41 points level.
The stocks recorded the highest trading level of 46565.29 points and lowest level of 44639.82 points, with the volume of about 156.48 million shares and value of Rs8.83 billion. As many as 361 companies were active; of which 27 advanced, 321 declined and 13 remained unchanged.
Engro Polymer was the volume leader with 10.51 million shares, shedding Rs1.82 to reach Rs34.68. It was followed by Maple Leaf Cement with 9.47 million shares, losing sRs2.86 to end at Rs108.51 and Bank of Punjab with 8.39 million shares, dropping Rs0.02 to close at Rs0.02.
The top three gainers were Wyeth Pak Ltd with price per share of 2042.67 (44.54), Island Textile with price per share of 876.99 (41.08) and Sazgar Eng of 287.62 (13.69).
The top three losers were Sanofi-Aventis with price per share of 1687.83 (-88.83), Mari Petroleum with price per share of 1499.75 (-75.89) and Service Ind. Ltd share of 1310.09 (-68.91).
Earlier, the PSX opened bearish shedding huge 840 points to reach 45725 points level in early trading. The Pakistan Stock Exchange (PSX) continued its losing spree and shed mammoth 1531 points to drop to 45034.75 points level till midday.
On Friday, the stocks closed lower despite increased trading activity, as its positive streak over three sessions finally came to an end. The benchmark 100-share index shed 146.56 points and closed at 46,565.29 points.
Overall volume increased to 235m shares as compared to 187m shares of the previous day, while traded value declined by Rs9.3bn. K-Electric emerged as volume leader with 29.7m shares trade, while NIB Bank with 23m shares and Engro Polymer with 118m shares were in spotlight in the session.
