KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed a tug of war between bulls and bears on Thursday, with the indices swaying in both directions before landing in the green.
The benchmark KSE-100 Index remained volatile throughout the day, recording its intraday low at 44,311.80 (-202.32 points) and intraday high at 44,705.74 (+191.62 points). It settled higher by 11.60 points at 44,525.72.
Among other indices, the KMI-30 Index appreciated 200.58 points or 0.28 per cent to close at 72,436.01, while the KSE All Share Index lost 23.81 points, ending at 30,703.25.
A total of 188,666,338 shares were traded during the day compared to the trade of 235,034,499 shares the previous day whereas the price of shares stood at Rs7.361 billion against Rs9.346 billion the previous day.
As many as 358 companies transacted shares in the stock market, 116 of them recorded gain and 209 sustained losses, whereas the share price of 33 companies remained unchanged.
The three top trading companies were TRG Pak Ltd with a volume of 15,140,398 shares and price per share of Rs79.13, Oil ad Gas Dev with a volume of 11,658,343 and price per share of Rs 94.98 and Fauji Cement with volume of 8,871,500 and price per share of Rs17.11.
Rafhan Maize witnessed a maximum increase of Rs200 per share, closing at Rs11500 whereas the runner up was Sanofi-Aventis, the share prices of which climbed up by Rs61 to Rs960.
Nestle Pakistan witnessed maximum decrease of Rs205 closing at Rs 5540 followed by Sapphire Tex, the share price of which declined by Rs55.90 to close at Rs923.03.
