KARACHI: The upward rally continued till midday on Monday as Pakistan Stock Exchange (PSX) gained 141.92 points to reach 32811.08 points level.
The stocks recorded the highest trading level of 33080.68 points and lowest level of 32769.11 points, with the volume of 75 million shares, having about Rs3.17 billion value. As many as 257 companies were active; of which 157 advanced, 83 declined and 17 remained unchanged.
Commercial banks was the top traded sector with 28,666,500 volume, while cement remained second with 9,233,900 volume.
The three top traded companies were NIB Bank Limited with a volume of 18,343,000 and price per share of 2.13 (0.23), BO Punjab with a volume 7,124,000 of price per share of 8.68 (0.26), Dewan Cement with a volume 6,384,500 of price per share of 13.17 (0.15).
The top three gainers were Unilever Foods with price per share 5450 (149.67), Mari Petroleum SPOT with price per share of 658.20 (20.14) and Pak Suzuki price per share of 451.39 (17.43).
The top three losers were Rafhan Maize SPOT with price per share of 7840 (-159.95), Siemens Pak with price per share of 795 (-15) and Jubile Life Ins per share of 510.02 (-14.50).
Earlier, the Pakistan Stock Exchange (PSX) opened week with positive note as benchmark KSE-100 index added 96.98 points to reach 32766.14 points in early trading on Monday.
Last week, the stock market registered a rise of 0.7 percent on weekly basis, mainly due to return of foreign investors. On Friday, weak sentiments persisted at Pakistan Stock Exchange amid uncertainty in global stocks and crude prices, with the benchmark 100-share index losing another 41.40 points to close at 32,669.16 points. Another lackluster day was witnessed at local bourse in absence of any key trigger, dealers said. Index gained 1% this week with average volume of 175m shares traded. Traded volume fell by 14% to 116m while traded value also deceased to Rs5.7b/$54m). Total 317 active companies participated in session of which 175 settled in negative, 108 in positive while 34 remained unchanged.