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KSE adds 83pts to take tally to 34629 level till midday

byMatiur Rehman
19/08/2015
in Markets, Stock Exchange
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KARACHI: The Karachi stock market lost some early gains, however remained in green zone by adding 82.64 points to reach 35628.67 points level till midday.

The maximum trading level recorded in the stock market was 35768.82 points, while lowest level was recorded at 35546.03 points. The total volume of the market remained 54,030,170 shares, having value of Rs3,879,861,118.

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Earlier, the KSE took a good start by gaining 116.03 points to reach 35662.06 points level, with the volume of 5,161,600 shares.

On Tuesday, the KSE-100 index lost 42 points and dropped to 35,546 index level after terror attack in Karachi, which left an MQM leader critically injured and shook investors’ confidence.

Positivity in the first half was led by the auto and the pharmaceutical sectors, with major gainers being SEARL up 3.1pc, ABOT rose 0.9pc and INDU appreciated 0.5pc respectively. Bullish momentum was witnessed in the cement sector as international coal prices dropped to a 7-year low.

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