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Closing: KSE plummets 197pts, 0.60% on vigilant trading

byShahid Imran
26/05/2015
in Markets, Stock Exchange
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KARACHI: The Karachi Stock Exchange benchmark 100-index lost 101.60 points or 0.60 percent to reach 32510.35 points and volume of 69,247,010 shares on Tuesday.

In midday trading,  witnessed the highest trading level of 32771.28 points and lowest level of 32470.39 points, with 28,917,520 shares having Rs2,066,957,186 value.

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The analysts predicted last week that the stocks would show lacklustre performance in the current trading week due to State Bank’s new monetary policy statement.

Earlier, the Karachi Stock Exchange opened with negative mood as 100-index shed 44.85 points to drop to 32662.38 points level, with the total volume of 9,583,150 shares.

On Monday, the KSE benchmark 100-index gained 101.60 points or 0.31 percent to reach 32707.22 points. 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.

Total volume traded in the market was 98,527,470 shares with 312 total traded companies out of which 105 were up 183 were down and 24 were unchanged.

Cable & Electrical Goods was the top traded sector with total traded volume of 24,574,560 shares. It was followed by Commercial Banks with a total traded volume of 14,286,800 shares.

The three top traded companies were Pak Elektron with a volume of 23,286,000 and price per share of 67.01 (1.87), B.O.Punjab with a volume 3,829,500 of price per share of 9.09 (0.05), Ghani Automobile with a volume 2,712,000 of price per share of 7.18 (0.08).

The top three advancers were Pak Tobacco with price per share 855.70 (40.74), Colgate Palmolive with price per share of 1425.00 (20.87) and Sapphire Fiber share of 516.99 (12.04).

The top three decliners were Hinopak Motor with price per share of 955.19 (-50.27), Rafhan Maize XD with price per share of 8998.00 (-25.53) and Packages Ltd. per share of 548.79 (-6.21).

High and low were 32771.28 and 32418.43 respectively. Total volume traded in the market was 69,247,010 shares.

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