KSE index down 27.68 points
Wednesday, 20 January 2010
KARACHI, Jan 19 (Business Recorder): After witnessing mixed trend Monday, the KSE-100 index closed at 9,895.46 points with a loss of 27.68 points. The market opened on a positive note and the index hit 9,953.29 points, up 30.15 points. However, the momentum could not continue due to investors' cautious stance, and the index failed to sustain 9,900 points psychological level.
Trading also shrank, and the volume at ready counter declined to 175.506 million shares as compared to 204.825 million shares traded Friday. Market capitalisation declined by Rs 6 billion to Rs 2.844 trillion. Of 385 active scrips, 183 closed in negative and 180 in positive while the value of 22 scrips remained unchanged.
Lotte Pakistan was the volume leader with 23.706 million shares and gained Re. 0.58 to close at Rs 9.55. Fauji Fertiliser Bin Qasim increased by Re. 0.94 to close at Rs 31.01 with 17.884 million shares. PTCL inched up by Re. 0.10 to close at Rs 20.29 with 14.842 million shares. Telecard closed at Rs 3.68, up by Re. 0.60 with 12.638 million shares.
Trading also shrank, and the volume at ready counter declined to 175.506 million shares as compared to 204.825 million shares traded Friday. Market capitalisation declined by Rs 6 billion to Rs 2.844 trillion. Of 385 active scrips, 183 closed in negative and 180 in positive while the value of 22 scrips remained unchanged.
Lotte Pakistan was the volume leader with 23.706 million shares and gained Re. 0.58 to close at Rs 9.55. Fauji Fertiliser Bin Qasim increased by Re. 0.94 to close at Rs 31.01 with 17.884 million shares. PTCL inched up by Re. 0.10 to close at Rs 20.29 with 14.842 million shares. Telecard closed at Rs 3.68, up by Re. 0.60 with 12.638 million shares.