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Home Breaking News

PSX closes higher by gaining 105pts

byMatiur Rehman
30/01/2016
in Breaking News, Latest News, Markets, Stock Exchange
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KARACHI: The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index rose 0.34% or 104.87 points to close at 31,298.60 level.

Trade volumes rose to 141 million shares compared with Thursday’s tally of 86 million shares, while the value of shares traded during the day was Rs9.4 billion. Shares of 318 companies were traded on Friday, out of which, 154 stocks closed higher, 141 declined, while 23 remained unchanged.

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K-Electric was the volume leader with 11.1 million shares, losing Rs0.10 to finish at Rs6.94. It was followed by Pak Elektron (XR) with 10.3 million shares, gaining Rs2.93 to close at Rs61.62 and Fauji Cement with 9.5 million shares, gaining Rs0.84 to close at Rs38.89.

Foreign institutional investors were net sellers of Rs387 million during the trade session, according to data maintained by the National Clearing Company of Pakistan Limited.

KSE 30-share Index declined 20.17 points, or 0.11 percent, to end at 18,025.01 points.

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