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Home Markets

Mixed trend at KSE as 100-index drops to 32235 points

byMati ur Rehman
14/04/2015
in Markets, Stock Exchange
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KARACHI: The Karachi Stock Exchange witnessed the mixed trend in trading till midday and lost 13 points to reach 32235.22 point.

The benchmark 100-index recorded the highest level of trading at 32286.72 points and lowest level of 32071.90 points with the total volume of 95,997,650 shares, having Rs4,522,539,564 value.

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The top three traded companies remained TRG Pak Ltd with a volume of 29,967,500 and price per share of 19.59, Jah.Sidd. Co. with a volume 18,347,000 and price per share of 20.40, and Pak Elektron with a volume 8,597,500 and price per share of 59.50.

Earlier, the Karachi Stock Exchange continued losing spree and further shed 33.90 points to reach 32214.55 points on the opening session, while the total volume remained 21,373,150 shares.

The benchmark KSE 100-index Monday remained under bearish trend over the continuous pressure on government after the parliament decision on Yemen crisis. The KSE-100 index closed 102.48 points down at 32,248.45 points, with volumes of 263m shares worth of Rs.14.3b/ $143m, better than month-to-date average volume of 242m shares (Rs.13.3b/ $133m).

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