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KSE keeps upward momentum, gains 271pts to close at 34332

byMatiur Rehman
29/10/2015
in Markets, Stock Exchange
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KARACHI: The Karachi Stock Exchange Thursday added 271 points to take the tally to 34332.43 points level, with 0.80 per cent improvement at closing.

The stock witnessed the highest trading level of 34359.20 points and lowest level of 34061.42 points. The total volume of market remained 117,502,340 shares, having Rs10,291,506,280 value. Out of total 359 traded companies, 189 were up 159 were down and 11 were unchanged.

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Earlier, the KSE 100-Index gained another 256.62 points to reach 34318.04 points level till midday.

Cement was the top traded sector with total traded volume of 22,483,700 shares. It was followed by Power Generation & Distribution with a total traded volume of 21,076,500 shares.

The three top traded companies were K-Electric Ltd. with a volume of 18,432,000 and price per share of 7.46 (0.27), Pace (Pak) Ltd. with a volume 15,164,000 of price per share of 7.80 (0.19), Pak Elektron with a volume 7,204,500 of price per share of 77.44 (0.37).

The top three advancers were Philip Morris Pak. with price per share 1470.00 (70.00), Colgate PalmoXD with price per share of 1535.00 (68.17) and Murree BreweryXD per share of 1144.00 (54.00).

The top three decliners were Island Textile with price per share of 753.50 (38.57), Sanofi-Aventis with price per share of 640.00 (30.00) and Shezan Inter. XD share of 700.00 (25.00).

On Wednesday, the KSE 100-Index added 217.59 points, or 0.64 percent, to close at 34,061.42 points. As many as 392 scrips were active; of which 209 advanced, 163 declined and 20 remained unchanged. The ready market volumes stood at 163.809 million shares as compared to 126.756 million shares in the last trading session.

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