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KSE regains early losses; 100-index adds 78pts till midday

byMatiur Rehman
18/11/2015
in Markets, Stock Exchange
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KARACHI: The Karachi Stock Exchange Wednesday regained losses of earlier trading as benchmark KSE-100 index added 78.48 points to reach 34144.35 points level till midday.

The market recorded the highest trading level of 34202.3 points and lowest level of 34042.38 points, with the total volume of 109,870,636 shares, having Rs5,012,266,802 value. As many as 318 companies were active; of which 206 advanced, 94 declined and 18 remained unchanged.

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Chemicals was the top traded sector with total traded volume of 19,791,220shares. It was followed by Refinery with a total traded volume of 11,675,300 shares.

The three top traded companies were Descon Chemical with a volume of 9,672,500 and price per share of 7.21 (0.32), Lotte Chemical with a volume 5,269,500 of price per share of 6.90 (0.15), Byco Petroleum with a volume 5,168,000 of price per share of 24.40 (0.41).

The top three advancers were Wyeth Pak Ltd with price per share 2615 (115) and 60 shares; Mari Petroleum with price per share of 492.50 (22.51) and 438,000  shares; and Ghandhara Ind.XD share of 330.76 (15.75) and 60,500.

The top three decliners were Unilever Foods with price per share of 6301.11 (-98.89) and 60 shares volume, Exide (PAK) with price per share of 949.50 (-12.50) and 1,880 shares volume, and Pak.Int.Cont XD per share of 280.05 (-9.95) and 100 shares volume.

Earlier, the KSE again started with negative note as 100-index lost 23.49 points to drop to 34042.38 points level.

On Tuesday, the stocks turned higher as the index managed to recoup 34000 level. The Karachi Stock Exchange (KSE)-100 index gained 119.46 points to close at 34,065.87 points as compared to 33,946.41 of the previous session.

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