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KSE starts week negatively as 100-index drops 198pts

byMatiur Rehman
16/11/2015
in Markets, Stock Exchange
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KARACHI: The Karachi stocks started week with bearish note as the Karachi Stock Exchange benchmark KSE-100 index lost 198.37 points to close at 33946.41 points level.

The market witnessed the highest trading level of 34144.78 points and lowest level of 33887.07 points, with the total volume of 143,748,198 shares, having Rs6,751,271,560 value. As many as 323 companies were active; of which 139 advanced, 171 declined and 13 remained unchanged.

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The three top traded companies were Pace (Pak) Ltd with a volume of 15,153,500 and price per share of 8.61 (0.06), TRG Pak Ltd with a volume 14,432,500 of price per share of 40.63 (1.64), Shabbir Tiles with a volume 8,369,000 of price per share of 9.70 (1.00).

The top three advancers were Rafhan Maize with price per share 9999 (104) and 80 shares; Wyeth Pak Ltd with price per share of 2500 (100) and 20 shares; and Shezan Inter. XD share of 713 (33) and 35,000.

The top three decliners were Bata (Pak) XD with price per share of 2950 (-41) and 200 shares volume, Abbott Lab with price per share of 677.09 (-12.08) and 2,950 shares volume, and Packages Ltd per share of 619.57 (-11.89) and 41,600 shares volume.

Earlier, the KSE lost the 34,000 points mark as 100-index dropped 222.58 points to reach 33922.20 level till midday.

On Friday, the Karachi Stock Exchange dipped 0.32 per cent, losing 108.11 points to drop to 34156.45 points level at closing. Out of total 343 companies, 173 advanced, 158 declined and 12 remained unchanged.

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