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KSE adds another 224pts to reach 32899 till midday

byMatiur Rehman
29/12/2015
in Markets, Stock Exchange
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KARACHI: The Karachi Stock Exchange benchmark KSE-100 index added another 224.46 points till midday to take the tally to 32898.50 level on Tuesday.

The stocks recorded the highest trading level of 32928.32 points and lowest level of 32671.46 points, with the volume of 50,174,630 shares, having about Rs4 billion value. As many as 275 companies were active; of which 149 advanced, 104 declined and 22 remained unchanged.

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Commercial banks remained the highest traded sector with total volume of 22,196,400 shares, while cement remained second traded sector with a total volume of 12,604,700 shares.

The three top traded companies were TRG Pak Ltd with a volume of 9,287,500 and price per share of 36.35 (0.65), Jah Sidd Co with a volume 8,209,500 of price per share of 21.61 (0.55), and Pak Petroleum with a volume 4,182,200 of price per share of 123.53 (5.42).

The top three gainers were Ferozsons (Lab) with price per share 1090 (29.43), Pak Tobacco with price per share of 1000 (22.58) and Sanofi-Aventis with price per share of 680 (20).

The top three losers were Nestle Pak with price per share of 7450 (-150), Atlas Battery with price per share of 754 (-35) and AKD Capital per share of 345.48 (-18.18).

Earlier, the Karachi stock continued the previous day’s bullish note and gained 252 points to reach 32925.54 points with the total volume of 23,002,190 shares in early trading.

On Monday, the Karachi Stock Exchange benchmark KSE 100-index added 173.29 points to close at 32,674.04 points. Traded volume was increased by 15% to 120m shares and traded value inched up by 3% to Rs7.09b. Major activities were seen in TRG, Byco Petroleum, and Sui North Gas with traded volumes of 11m, 6.6m and 6.2m shares respectively.

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