KSE index recovers 58.05 points
Sunday, 18 July 2010
KARACHI, July 17 (Business Recorder): The KSE-100 index Friday recovered 58.05 points and closed the week at the level of 10,153.85 points on the back of late buying in some select stocks.
Trading activity, however, further shrank as the volumes at ready counter declined to 55.815 million shares as compared to already low volumes of 91.695 recorded Thursday.
The overall market capitalisation increased by Rs 14 billion to stand at Rs 2.852 trillion. Out of the total 354 active scrips, 194 closed in positive, 129 in negative while the value of 31 scrips remained unchanged.
The local investors remained on the sidelines due to lack of clarity regarding introduction of leverage product, while the foreign investors' activity also remained low.
Trading activity, however, further shrank as the volumes at ready counter declined to 55.815 million shares as compared to already low volumes of 91.695 recorded Thursday.
The overall market capitalisation increased by Rs 14 billion to stand at Rs 2.852 trillion. Out of the total 354 active scrips, 194 closed in positive, 129 in negative while the value of 31 scrips remained unchanged.
The local investors remained on the sidelines due to lack of clarity regarding introduction of leverage product, while the foreign investors' activity also remained low.