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Home Markets Currencies

KSE 100-index plummets 281pts despite huge Chinese investment

byMati ur Rehman
21/04/2015
in Currencies, Markets
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KARACHI: In spite of billions of dollar agreements with the Chinese government, the Karachi Stock Exchange witnessed variation in the trading till midday and down 0.82 per cent, shedding 281 points to drop to 33023 points.

The benchmark KSE 100-index recorded highest level of trading at 33365.86 points and lowest level of 33027.22 points, with the total volume of 67,299,590 shares, having Rs3,798,035,155 value.

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The three top traded companies were B.O.Punjab with a volume of 10,887,000 and price per share of 9.14 (0.20), Pak Elektron with a volume 9,773,000 of price per share of 59.45 (-1.78), Jah.Sidd. Co. with a volume 6,278,500 of price per share of 20.65 (-0.54).

Earlier, the KSE also observed fluctuation, however it remained in green zone as the benchmark KSE 100-index gained 33.38 points to reach 33338.02 points, whit total volume of 22,689,100 shares.

On Monday, the KSE 100-index closed, gaining 69.91 points or 0.21 percent to reach 33304.64 points and volume of 284,266,710 shares.

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