PSX adds 288 points to close at 48,697 on Monday

KARACHI - Pakistan Stock Exchange’s benchmark KSE-100 index on Monday opened with positive note as it gained 288.3 points (0.60%) to close at 48697.65.



The stock witnessed the highest trading level of 48757.38 points and the lowest level of 48409.35 points, with the volume of over 55.825 million shares and value of Rs4.013 billion. Shares of 374 companies were traded in the market where 141 advanced, 207 declined and 19 remained unchanged.

With 12.318 million shares, K-Electric was top leader as it shed Rs 0.13 to finish at Rs 9.03. It was followed by Aisha Steel Mill with 10.383 million shares, adding Rs 1.05 to end at Rs23.36 and BOP with 90281 million shares, adding Rs 0.16 to close at Rs 16.27.

The top three gainers were Wyeth Pak Limited with price per share of 2726.97 (129.5), Bata Pakistan with price per share of 4200 (110) and Colgate Palmolive share of 2270 (70).

The top three losers were Philip Morris with price per share of 2239.20 (-117.83), Rafhan Maize with price per share of 7600 (-50) and Hinopak Motors per share of 1561.79 (-37.41).