KARACHI: The Pakistan Stock Exchange regained the losses it witnessed at midday as the benchmark 100-index added 322.56 points to take the tally to 49020.21 points level.
The stocks recorded the highest trading level of 49060.05 points and lowest level of 48676.68 points, with the volume of over 225.17 million shares and value of Rs11.21 billion. As many as 388 companies were active; of which 277 advanced, 85 declined and 26 remained unchanged.
K-Electric was the volume leader with 36.06 million shares, shedding Rs 0.16 to finish at Rs 8.87. It was followed by Aisha Steel Mill with 25.59 million shares, adding Rs 1.16 to end at Rs 24.52 and Power Cement with 10.60 million shares, adding Rs 1.00 to close at Rs 20.02.
The top three gainers were Wyeth Pak Ltd with price per share of 2863.31 (136.34), Rafhan Maize with price per share of 7700 (100) and Unilever Foods share of 6195 (95).
The top three losers were Mari Petroleum with price per share of 2239.20 (-117.83), Thal Ind Corp with price per share of 506 (-22) and Colgate Palmolive per share of 2250 (-20).
Earlier, the stocks opened bullish after gaining 185 points to reach 48882 points level in early trading. The PSX dropped all the early gains till midday as benchmark 100-index 48692.79 points level shedding five points.
On Monday, the stocks started the week on a positive note, with the benchmark shares index rallying 288.30 points or (0.6%) by the close of the trading session to reach 48,697 points. Market opened on a positive note and followed its previous trend as the index traded at intraday high of 348 points to finally close at 48,698 level.
Top volume leaders of the bourse were KEL (slip 1.42%), BOP (0.99%) and ASL (4.71%). POL (dip 1.79%) closed in red as international oil prices struggled near the lowest level since the end of November on rising US shale production. A total of 55.8 million shares had changed hands by the end of the session, with a total worth of nearly Rs 4.01 billion. Volume was recorded at 135 million shares, while value declined by 63.6% Rs 6.0 billion.