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Home Breaking News

Closing: KSE adds 402pts or 1.14 % to end trading on bullish note

byShahid Imran
29/07/2015
in Breaking News, Latest News, Markets, Slider News, Stock Exchange
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Laden Pakistani trucks are seen near Torkham, close to the Pakistan-Afghanistan border, on April 14, 2017, a day after the US military dropped a largest non-nuclear bomb on an Islamic State complex in Afghanistan.


Trade in and out of Afghanistan from Pakistan appeared to be flowing as normal, however, with traffic at the Torkham border crossing apparently undisturbed,  despite the historic detonation roughly 50 kilometres away. / AFP PHOTO / ABDUL MAJEED        (Photo credit should read ABDUL MAJEED/AFP via Getty Images)

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KARACHI: The Karachi Stock Exchange benchmark 100-index gained 401.83 points or 1.14 percent to reach 35676.49 points and volume of 173,546,720 shares on Wednesday.
Earlier, the KSE gained massive 305.21 points or 0.87 per cent to reach 35579.87 points level.
On Tuesday, the market witnessed a volatile session with the index oscillating between over 120 points in the red to 268 points positive, eventually closing in the black after three days of successive decline. At close, the Karachi Stock Exchange (KSE)-100 index ended at 35,274.66 points, increasing 0.28% or 99.17 points..
Total volume traded in the market was 173,546,720 shares with 385 total traded companies out of which 197 were up 167 were down and 21 were unchanged.
Commercial Banks was the top traded sector with total traded volume of 60,105,300 shares. It was followed by Technology and Communication with a total traded volume of 56,825,000 shares.
The three top traded companies were P.T.C.L. with a volume of 18,045,000 and price per share of 22.11 (0.36), Fauji Fert Bin with a volume 15,816,500 of price per share of 61.40 (0.14), K-Electric Ltd. with a volume 13,469,500 of price per share of 8.01 (0.01).
The top three advancers were Sapphire Fiber with price per share 633.93 (30.18), Bhanero Tex. with price per share of 566.00 (26.00) and Packages Ltd. share of 630.00 (17.59).
The top three decliners were Rafhan Maize with price per share of 9950.00 (-518.96), Colgate Palmolive with price per share of 1522.00 (-78.00) and Atlas Battery share of 762.00 (-11.00).
High and low were 35785.65 and 35274.66 respectively. Total volume traded in the market was 173,546,720 shares.

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