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Home Breaking News

KSE sheds early gains as 100-index drops 57pts to reach 33975 level

byMatiur Rehman
14/10/2015
in Breaking News, Latest News, Markets, Slider News, Stock Exchange
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KARACHI: The Karachi stocks Wednesday lost the early gains by losing 56.93 points to close at 33974.85 points level.

The stock market recorded the highest trading level of 34127.44 points and lowest level of 33896.34 points. The maximum trading volume remained 77,068,140 shares, having over Rs5 billion value. Out of total 352 companies, 163 were up 161 were down and 28 were unchanged.

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The three top traded companies were Pace (Pak) Ltd. with a volume of 30,977,000 and price per share of 7.09 (-0.45), Lotte Chemical with a volume 13,507,000 of price per share of 7.14 (0.00), TRG Pak Ltd with a volume 12,413,000 of price per share of 37.21 (0.42).

Earlier, the Karachi Stock Exchange added another 90 points to take the tally to 34161.67 points level till midday (12:20pm).

On Tuesday, the benchmark KSE-100 Index closed down 151.07 points, or 0.44 percent, to 34,031.78 points against 34,183.85 points recorded in the last session. The highest index of the day remained at 34,278.73 points, while the lowest level of the day was recorded at 34,010.10 points. The KSE-30 Index also fell 122.65 points, or 0.59 percent, to 20,535.54 points against 20,658.19 points. Volumes improved by 22 percent at 239.43 million shares as compared to 195.91 million shares a day ago. Trading value improved 10 percent to Rs10.83 billion. However, market capitalisation fell Rs28 billion to Rs7.27 trillion.

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