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Home Markets

KSE sheds 68pts as bears roar back

byMatiur Rehman
05/11/2015
in Markets, Stock Exchange
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KARACHI: The stocks Thursday shed most of the previous gains as the Karachi Stock Exchange benchmark KSE-100 Index lost 68.36 points or 0.20 per cent to close at 34454.59 points level.

The stock market recorded the highest trading level of 34562.11 points and lowest level of 34434.15 points. The total volume remained 126,188,960 shares, having Rs8,732,036,680 value. Out of total 361 companies, 146 remained up, 193 remained down and 22 were unchanged.

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Earlier, the KSE lost the upward momentum, by shedding 22.63 points to reach 34500.32 points level till midday.

Real Estate Investment and Services was the top traded sector with total traded volume of 28,139,500 (19.6%) shares. It was followed by chemicals with a total traded volume of 22,005,500 (15.3%) shares.

The three top traded companies were Pak Elektron with a volume of 25,255,000 and price per share of 76.96 (-3.36), TRG Pak Ltd with a volume 17,796,000 of price per share of 41.61 (1.98), Jah.Sidd. Co. with a volume 17,061,000 of price per share of 21.69 (-0.29).

The top three advancers were Pace (Pak) Ltd. with price per share 28136000 (2.98), P.T.C.L.A with price per share of 11539500 (18.57) and D.G.K.CementXD share of 8783500 (52.3).

The top three decliners were Pak Services with price per share of 151.84 (0), Bata (Pak) SPOT with price per share of 1460 40.67) and Bhanero Tex.XD share of 215 (o).

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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