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Closing: KSE 100-index soars 102pts, 0.31% to end in positive zone

byShahid Imran
25/05/2015
in Markets, Stock Exchange
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KARACHI: The Karachi Stock Exchange benchmark 100-index gained 101.60 points or 0.31 percent to reach 32707.22 points and volume of 142,493,160 shares on Monday.

In midday trading, KSE witnessed variation in trading as 100-index gained 36.95 points to reach 32642.57 points level.

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Despite the analysts’ prediction of lacklustre performance by the stocks due to State Bank’s new monetary policy statement, the Karachi Stock Exchange opened the last trading week of May with positive note.

Total volume traded in the market was 179,134,720 shares with 318 total traded companies out of which 179 were up 126 were down and 13 were unchanged.

Cement was the top traded sector with total traded volume of 39,482,900 shares. It was followed by Commercial Banks with a total traded volume of 33,142,500 shares.

The three top traded companies were Pak Elektron with a volume of 27,257,500 and price per share of 65.14 (3.10), Fauji Cement with a volume 15,483,000 of price per share of 33.18 (1.06), Maple Leaf Cement with a volume 12,041,000 of price per share of 65.49 (3.06).

The top three advancers were Indus Dyeing with price per share 903.62 (34.42), Island Textile with price per share of 694.50 (29.40) and Indus Motor CoXD share of 1149.32 (26.12).

The top three decliners were Hinopak Motor with price per share of 1005.46 (-52.91), Pak Tobacco with price per share of 814.96 (-42.89) and Siemens Pak. per share of 1066.92 (-33.08).

High and Low were 32873.55 and 32477.98  respectively. Total volume traded in the market was 142,493,160 shares.

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