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KSE tries to recoup overnight losses, adds 67pts in early trading

byMatiur Rehman
22/12/2015
in Markets, Stock Exchange
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KARACHI: In bid to regain some overnight loses, the Karachi stock gained 67 points to take the tally to 32725.97 level in early trading.

On Monday, the benchmark KSE 100-share index declined by 118 points (0.4%) to close at 32,658.97 points. Lack of direction in international oil prices kept investors vary of oil stocks. As a result, OGDC, PPL and POL declined 0.7-1.3%. NML declined 2.3% and NCL was 1.9% down. Stocks like FFBL, EFERT and FFC declined by 0.1-1%. Total volume decreased by 3.6% to 90m shares while traded value decreased by 30% to Rs6.9b.

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