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Karachi stocks soar 90.85pts as Engro, Dewan Motors decline

byEditor
31/10/2014
in Markets, Stock Exchange
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KARACHI: The Karachi Stock Exchange (KSE) 100-index 90.85 points to reach 30204.09 points and volume of 81,187,130 shares on Thursday.

Benchmark KSE 100-index gained 133.43 points to reach 30246.67 points with the total volume of 42,072,860 shares till midday.

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Earlier, the country’s biggest stock market started with positive note, recouping two days losses and gained 74.38 points to reach 30187.62 points with the total volume of 2,568,650 shares.

As a whole 32.73 per cent of companies witnessed increase in their shares while 25.16 per cent lost their share value and 4.11 per cent companies remained stable.

Lalpir Power remained the volume leader, gaining Re 0.22 to close at Rs 22.28. B.O.Punjab stood second, up Re 0.03 to close at Rs 8.76 on 13.8 million shares. Faysal Bank ranked third with 3.9 million shares, losing Re 0.21 to Rs 17.95.

United Bank Ltd closed at Rs 193.42, gaining Rs 3.76 on 3.8 million shares. Some 3.5 million shares of Hascol Petrol were traded and the scrip gained Re 0.56 to Rs 74.91. Meezan Bank surged by Rs 1.17 to Rs 47.78 on 3.2 million shares. Some 2.8 million shares of K-Electric were traded and the scrip increased by Re 0.08 to Rs 7.70. Lafarge Pak closed at Rs 15.76, gaining Re 0.09 on 2.7 million shares.

Engro Fertilizer fell by Re 0.85 to Rs 58.58 on 2.7 million shares. With some 2.4 million shares, Dewan Motors closed at Rs 9.26, down Re 0.36.

Unilever Foods and Service Ind Ltd were the top gainers with Rs 125.00 and Rs 46.83 to close at Rs 8,695.00 and Rs 983.47, respectively. Rafhan Maize and Exide (Pak) were the top losers with Rs 299.99 and Rs 39.71 to close at Rs 10,700.00 and Rs 1,380.29, respectively.

Tags: EngroKarachi stocksKSE

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