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KSE dips 1.11% as 100-index sheds mammoth 371pts to close at 33200

byMatiur Rehman
25/11/2015
in Markets, Stock Exchange
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KARACHI: The Karachi Stock Exchange benchmark KSE-100 index Wednesday dipped 1.11 per cent, shedding 371 points to drop to 33199.86 points level at closing.

The market witnessed the highest trading level of 33616.52 points and lowest level of 33125.55 points, with the total volume of 199,278,093 shares, having Rs11,001,861,816 value. As many as 343 companies were active; of which 90 advanced, 240 declined and 13 remained unchanged.

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Oil & Gas marketing companies was the top traded sector with total traded volume of 23,784,000 shares. It was followed by Technology & Communication with a total traded volume of 19,700,500 shares.

The three top traded companies were Sui South Gas with a volume of 13,585,500 and price per share of 43.30 (2.06), TRG Pak Ltd with a volume 12,316,000 of price per share of 39.30 (0.47), K-Electric Ltd with a volume 11,310,000 of price per share of 7.30 (-0.20).

The top three advancers were Khyber Tobacco XD with price per share 398.99 (13.99) and volume of 100 shares, Bata (Pak) XD with price per share of 3020.00 (10.00) and volume of 80 shares, and Pak Engineering share of 171.70 (8.17) and volume of 2,500 shares.

The top three decliners were Rafhan Maize with price per share of 9085 (-478.13) and volume of 20 shares, Unilever Foods with price per share of 6200.00 (-121.11) and volume of 40 shares, and Hinopak Motor with per share of 1141.95 (-60.10).

Earlier, the Karachi Stock Exchange Wednesday dropped huge 331.39 points to reach 33240.20 points level till midday

On Tuesday, the Karachi shares continued their downward spiral as unabated foreign selling dampened market’s sentiments. The KSE 100-share Index shed 161.32 points, or 0.48 percent, to close at 33,571.59 points. KSE 30-share Index fell 65.07 points, or 0.33 percent, to end at 19,826.58 points.

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