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Home Markets

KSE loses another 161pts on profit-taking

byMatiur Rehman
24/11/2015
in Markets, Stock Exchange
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KARACHI: The market started on a positive note on Tuesday with the KSE-100 index making initial gains of 134 points, however, the investors changed their positions after midday. The index finally ended down by 161.32.68 points to settle at 33,571.59.

The market recorded the highest trading level of 33872.33 points and lowest level of 33567.09 points, with the total volume of 219,295,465 shares, having 10,213,910,844. As many as 360 companies were active; of which 93 advanced, 240 declined and 27 remained unchanged.

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Oil & gas marketing companies was the top traded sector with total traded volume of 27,318,250 shares. It was followed by power generation & distribution with a total traded volume of 20,084,000 shares.

The three top traded companies were K-Electric Ltd. with a volume of 18,155,000 and price per share of 7.50 (-0.11), TRG Pak Ltd with a volume 16,294,500 of price per share of 38.83 (0.12), Sui South Gas with a volume 15,109,000 of price per share of 41.24 (-0.69).

The top three advancers were Ferozsons (Lab) with price per share 946.35 (19.47) and volume of 140,850 shares, Ghandhara Ind. with price per share of 402.02 (19.14) and volume of 29,000 shares, and Sanofi-Aventis share of 650.00 (15.45) and volume of 650 shares.

The top three decliners were Nestle Pak XD with price per share of 865 (-350) and total volume of 20 shares, Hinopak Motor with price per share of 1202.05 (-63.26) 21,350 shares and Exide (PAK) per share of 986 (-44.98) 2,220 shares.

Earlier, in bid to recoup overnight losses, the stocks gained 21.05 points to reach 33753.96 points level till midday.

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