Wednesday, February 4, 2009

Continued buying contributes 149 points to KSE


KARACHI: Buying spree pushed up prices of leading scrips at Karachi Stock Exchange (KSE) as 100-Index surged by 149.38points to close at 5,534.25 here Wednesday.

The turnover volume was estimated at 205.563 million shares as178 scrips recorded gains while 101 sustained losses and 9 remained unchanged.

Bulls were in total command and despite some profit taking Index was in positive zone.

The market capitalization was improved by Rs 43 billion to Rs1.746 trillion.

NIB Bank was the volume leader for the third consecutive day with a turnover of 17.605 million shares followed by D S Industries 13.602million shares, TRG Pakistan 13.043 million shares, PTCL 10.746million shares and OGDC 9.926 million shares.

PTCL closed at 15.46, NBP 60, OGDC 47.78, NIB Bank 5.51,Worldcall Telecom 3.03, TRG Pakistan 1.54, Arif Habib Securities 21.40and Bank of Punjab 11.38.

Unilever Pak recorded the highest gain of Rs 77.50 to close at2007.50 followed by Pak Services which went up by Rs 9.50 to 207.50 while EFU Life dipped by Rs 8.70 to 165.33 and Bhanero Textile went down by Rs 8.36 to 158.97.

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