182.92 points rise in KSE index
Friday, 26 March 2010
KARACHI, Mar 25 (Business Recorder): Healthy buying was witnessed at the Karachi share market Wednesday on the back of both local and foreign investors' support and the KSE-100 index crossed 10,000 points mark. After opening in positive the index closed at 10,146.27 points with a gain of 182.92 points.
Trading improved and the volume at ready counter increased to 160.302 million shares as compared to 73.563 million shares recorded Monday. Market capitalisation increased by Rs 41 billion to Rs 2.876 trillion. Of 411 active scrips, 239 closed in positive and 152 in negative, while the value of 20 scrips remained unchanged.
Lotte Pakistan was the volume leader with 24.681 million shares and gained Re 0.76 to close at Rs 11.04. Jahangir Siddiqui Co increased by Re 0.85 to close at Rs 23.19 with 14.820 million shares. Fauji Fertiliser Bin Qasim inched up by Re 0.43 to close at Rs 31.88 with 7.696 million shares. PTCL gained Re 0.40 to close at Rs 21.28 with 7.318 million shares. Azgard Nine lost Re 0.06 to close at Rs 15.91 with 5.747 million shares.
NBP and MCB Bank surged by Rs 1.72 and Rs 10.09 to close at Rs 69.45 and Rs 211.92 with 5.678 million shares and 4.465 million shares respectively. Adamjee Insurance increased by Rs 2.58 to close at Rs 128.97 with 5.402 million shares. WorldCall Telecom gained Re 0.17 to close at Rs 4.77 with 5.087 million shares. Engro Corporation increased by Rs 3.76 to close at Rs 192.58 with 4.420 million shares.
Unilever Food and Rafhan Maize were the highest gainers and increased by Rs 46.00 and Rs 34.89 to close at Rs 1090.00 and Rs 1299.89 respectively, while Unilever Pakistan and Lakson Tobacco were the worst losers and declined by Rs 41.96 and Rs 7.37 to close at Rs 2910.54 and Rs 211.63 respectively.
Ahsan Mehanti at Shehzad Chamdia Securities said that intense buying was witnessed at the share market on the back of continued inflows of foreign investment. The US/Pakistan strategic talks also revived local investors' interest at KSE on expectation of early resolution of energy issues in Pakistan and the decisions on export market access agreements with US.
Trading improved and the volume at ready counter increased to 160.302 million shares as compared to 73.563 million shares recorded Monday. Market capitalisation increased by Rs 41 billion to Rs 2.876 trillion. Of 411 active scrips, 239 closed in positive and 152 in negative, while the value of 20 scrips remained unchanged.
Lotte Pakistan was the volume leader with 24.681 million shares and gained Re 0.76 to close at Rs 11.04. Jahangir Siddiqui Co increased by Re 0.85 to close at Rs 23.19 with 14.820 million shares. Fauji Fertiliser Bin Qasim inched up by Re 0.43 to close at Rs 31.88 with 7.696 million shares. PTCL gained Re 0.40 to close at Rs 21.28 with 7.318 million shares. Azgard Nine lost Re 0.06 to close at Rs 15.91 with 5.747 million shares.
NBP and MCB Bank surged by Rs 1.72 and Rs 10.09 to close at Rs 69.45 and Rs 211.92 with 5.678 million shares and 4.465 million shares respectively. Adamjee Insurance increased by Rs 2.58 to close at Rs 128.97 with 5.402 million shares. WorldCall Telecom gained Re 0.17 to close at Rs 4.77 with 5.087 million shares. Engro Corporation increased by Rs 3.76 to close at Rs 192.58 with 4.420 million shares.
Unilever Food and Rafhan Maize were the highest gainers and increased by Rs 46.00 and Rs 34.89 to close at Rs 1090.00 and Rs 1299.89 respectively, while Unilever Pakistan and Lakson Tobacco were the worst losers and declined by Rs 41.96 and Rs 7.37 to close at Rs 2910.54 and Rs 211.63 respectively.
Ahsan Mehanti at Shehzad Chamdia Securities said that intense buying was witnessed at the share market on the back of continued inflows of foreign investment. The US/Pakistan strategic talks also revived local investors' interest at KSE on expectation of early resolution of energy issues in Pakistan and the decisions on export market access agreements with US.