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Home Latest News

Closing: KSE 100-index ends in green zone to close at  33909pts

byShahid Imran
03/06/2015
in Latest News, Markets, Stock Exchange
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KARACHI: The Karachi Stock Exchange benchmark 100-index gained 13.28  points or 0.04 percent to reach 33908.62 points and volume of 153,180,110 shares on Wednesday.

In midday, remained buoyant as benchmark 100-index crossed 34,000 psychological barrier by gaining 114.39 points.

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Earlier, continuous bullish trend helped Karachi Stock Exchange gain 189.72 points to reach 34085.06 points in early trading.

On Tuesday, the KSE-100 index added by 331.96 points (0.99 per cent) to close at 14-week high at 33,895.34.

Foreign fund managers intensified their buying to $13.23 million from purchases of $7.99m worth stocks a day earlier. The foreign inflow was seen mainly in cements at $5.8m; fertiliser $4.2m and banks $2.6m.

Total volume traded in the market was 304,240,550 shares with 361 total traded companies out of which 168 were up 163 were down and 30 were unchanged.

Power Generation and Distribution was the top traded sector with total traded volume of 87,021,000 shares. It was followed by Cement with a total traded volume of 51,542,300 shares.

The three top traded companies were K-Electric Ltd. with a volume of 41,175,000 and price per share of 8.28 (0.24), Japan Power with a volume 25,011,500 of price per share of 5.28 (0.54), Dewan Cement with a volume 21,642,500 of price per share of 8.00 (0.95).

The top three advancers were Unilever Foods with price per share 7641.37 (363.87), Colgate Palmolive with price per share of 1529.14 (72.81) and Indus Dyeing share of 981.33 (32.33).

The top three decliners were Nestle Pak with price per share of 9551.00 (-439.00), Pak Tobacco with price per share of 916.67 (-33.33) and Exide (PAK) per share of 1068.13 (-17.37).

High and low were 34119.90 and 33859.16 respectively. Total volume traded in the market was 153,180,110 shares.

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