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KSE in negative zone till midday

byMatiur Rehman
05/11/2015
in Markets, Stock Exchange
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KARACHI: The Karachi stocks lost the upward momentum, by shedding 22.63 points to reach 34500.32 points level till midday.

The Karachi Stock Exchange benchmark KSE-100 Index witnessed the highest trading level of 34557.60 points and lowest level of 34466.73 points. The total volume remained 60,792,440 shares, while out of total 271 companies, 128 remained up, 124 remained down and 19 were unchanged.

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Cable & electrical goods was the top traded sector with total traded volume of 19,631,600 shares. It was followed by technology & communication with a total traded volume of 17,950,000 shares.

The three top traded companies were TRG Pak Ltd with a volume of 16,259,500 and price per share of 41.61 (1.98), Pace (Pak) Ltd. with a volume 10,276,000 of price per share of 8.29 (0.25), Jah.Sidd. Co. with a volume 5,049,500 of price per share of 22.30 (0.32).

The top three advancers were Philip Morris Pak. with price per share 1762.47 (83.92), Exide (PAK) with price per share of 1010.00 (29.97) and Packages Ltd. share of 567.00 (19.00).

The top three decliners were Rafhan Maize with price per share of 9895.00 (-30.00), Bata (Pak) SPOT with price per share of 3040.00 (-25.00) and Atlas BatteryXDper share of 765.00 (-19.99).

On Wednesday, the KSE-100 index gained 247.20 points to close at 34,522.95 points as compared to 34,275.75 of the previous session. The KSE-30 Index added 193.62 points and closed at 20,630.46 points against 20,436.84 points of the last closing.

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