KSE index gains 174.59 points
Tuesday, 22 June 2010
KARACHI, June 21 (Business Recorder): Highly volatile trading activity was witnessing during the week ended on June 19, and the KSE-100 index closed at the level of 9,645.71 points with a gain of 174.59 points, mainly on the back of foreign investors' support.
Trading profile remained low and the average daily volume at ready counter amounted to 109.111 million shares as compared to previous week's 117.594 million shares.
Market capitalisation increased by Rs 40 billion to Rs 2.714 trillion. Foreign investors remained net buyers of shares worth $4.837 million. On Monday, the market opened on a negative note and the index declined by 241.52 points to close at 9,229.60 points level with a volume of 89.526 million shares, mainly due to the uncertainties about imposition of CGT on shares purchased before June 30.
Trading profile remained low and the average daily volume at ready counter amounted to 109.111 million shares as compared to previous week's 117.594 million shares.
Market capitalisation increased by Rs 40 billion to Rs 2.714 trillion. Foreign investors remained net buyers of shares worth $4.837 million. On Monday, the market opened on a negative note and the index declined by 241.52 points to close at 9,229.60 points level with a volume of 89.526 million shares, mainly due to the uncertainties about imposition of CGT on shares purchased before June 30.