Pakistan Stock Exchange Tuesday ended on a positive note on the back of select buying at the fag end.
BRIndex100 inched up by 4.18 points or 0.13 percent to close at 3,323.47 points. BRIndex100 touched intraday high of 3,330.48 and intraday low of 3,280.42 points. Volumes stood at 80.303 million shares.
BRIndex30 gained 10.68 points or 0.06 percent to close at 17,198.10 points with a turnover of 56.183 million shares.
The KSE-100 Index increased by 78.03 points or 0.25 percent to close at 31,829.24 points. Daily trading volumes slightly increased to 88.807 million shares as compared to 86.617 million shares traded Monday.
The market capitalization increased by Rs 27 billion to Rs 6.358 trillion. Out of total 341 active scrips, 183 closed in positive, 137 in negative while the value of 21 stocks remained unchanged.
Maple Leaf was the volume leader with 17.677 million shares. However, it lost Re 0.59 to close at Rs 14.15 followed by K-Electric that closed at Rs 3.26, up Re 0.02 with 4.597 million shares.
Nestle Pakistan and Colgate Palmolive were the top gainers with Rs 107.24 and Rs 101.85, respectively to close at Rs 5,750.00 and Rs 2,138.85. Sanofi-Aventis and Murree Brewery were the top losers with Rs 24.25 and Rs 6.54, respectively to close at Rs 470.00 and Rs 688.45.
BR Automobile Assembler Index gained 5.35 points or 0.11 percent to close at 4,816.62 points with total turnover of 1.679 million shares.
BR Cement Index inched up by 6.2 points or 0.24 percent to close at 2,606.65 points with 25.679 million shares.
BR Commercial Banks Index decreased by 34.57 points or 0.46 percent to close at 7,534.48 points with 8.058 million shares.
BR Power Generation and Distribution Index lost 14.2 points or 0.32 percent to close at 4,431.98 points with 7.615 million shares.
BR Oil and Gas Index increased by 29.81 points or 0.83 percent to close at 3,609.37 points with 7.922 million shares.
BR Tech. & Comm. Index closed at 656.39 points, up 5.3 points or 0.81 percent with 4.676 million shares.
Maaz Mulla at JS Global Capital said that after two days of negative closing, market decided to play in the green region as it opened upwards before retracing its steps to make a low of down 315 points. At the end of the day, the KSE-100 managed to close positive, making a high of up 141 points before closing up plus 78 points at 31,829 level.
Mixed sentiments were seen in the cement sector where LUCK (up 1.1 percent) and FCCL (up 0.1 percent) closed green while MLCF (down 4.0 percent), DGKC (down 0.9 percent) and PIOC (down 0.9 percent) closed in the red region. Investor's interest was witnessed in the E&P sector where heavy volumes were in PPL (up 1.5 percent) and OGDC (up 0.4 percent).