Despite the gains made in early trading, the majority of companies at Pakistan Stock Exchange suffered losses on Thursday with the KSE-100 Index just managing to stay in the green zone.

A total of 362 companies were available for trading during the session where the share price of 191 entities experienced a cut. However, 159 companies made some gains while there was no change in the value of 12.

By the time trading was closed for the day, the index stood at 42,032.27 with a gain of 4.89 points after reaching the level of 42,412.51 at 11.12am.

It means the market has made an overall gain of 2,399.75 points since November 23 when the KSE-100 Index had dipped to 39,632.52.

But it is still below the 42,647.35 mark achieved on September 10 after a rally that had started in July and continued through August till that point. 

TRG was the most active stock on Thursday after trading 35,215,000 shares followed by Maple Leaf Cement and Aisha Steel Mills with 30,965,367 and 29,668,500 shares respectively.

The top three performers in terms of share price were Abdullah Shah Ghazi Sugar Mills 24.69 percent, Samin Textiles 17.99 percent and Trust Modaraba 15.50 percent.

It was a repeat performance by Abdullah Shah Ghazi Sugar Mills which had topped the list with a gain of 32.79 percent on Wednesday. But Trust Modaraba reversed its fortunes after a loss of 16.77 percent a day earlier.

Meanwhile, the biggest decliners in the market were Trust Securities & Brokerage, Gatron (Industries) and First Imrooz Modaraba with a cut of 9.30 percent, 7.50 percent and 7.49 percent respectively in their share prices.