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KSE-100 index slumps by 378 pts amid rupee weaken

byCustoms Today Report
10/11/2015
in Markets, Stock Exchange
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KARACHI: With bearish trend on Tuesday Karachi Stock Exchange-100 index (KSE-100) lost 378.35 points to drop to 33958.12 points level as Pakistani rupee is depreciating against the US dollar and crossed Rs 106 level in open market.

The market recorded the highest trading level of 34359.05 points and lowest level of 33945.46 points, with the total volume of 118,238,190 shares, having Rs 6,682,775,928 value.

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Real Estate Investment and Services was the top traded sector with total traded volume of 28,139,500 (19.6%) shares. It was followed by chemicals with a total traded volume of 22,005,500 (15.3%).

The three top traded companies were Sui South Gas with a volume of 22,175,000 and price per share of 39.46, TRG Pak Limited with a volume 19,316,500 of price per share of 39.66 and Pace (Pak) Ltd.with a volume 12,710,500 of price per share of 7.71.

The top three advancers were Fauji Cement with price per share Rs 7.52 (0.13) and 26,847,500 shares; Telecard Limited with price per share of Rs 2.77 (0.34) and 11,461,500 shares; and Jahangir Siddique Co. share of Rs 16.00 (0.31) and 8422500.

The top three decliners were UniLever Pak with price per share of 9949.99 (49.99) and 20 shares volume, Siemens Pakistan XD with price per share of 618.50 (0.22) and 50 shares volume, and Shield Corporation per share of 129.00 (-2.00) and 100 shares volume.

However, the KSE gained some points till midday but remained in negative zone as benchmark KSE 100-share index lost 87.27 points to drop to 34249.20 points level.

The market recorded the highest trading level of 34359.05 points and lowest level of 34168.35 points, with the total volume of 49,333,130 shares, having Rs 2,860,314,780 value. Out of total 258 companies, 113 were up, 131 were down and 13 remained unchanged.

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