KSE index recovers 74.66 points
Friday, 4 December 2009
KARACHI, Dec 3 (Business Recorder): Fresh buying on dips supported the KSE-100 index to recover 74.66 points to 9,087.70 points Wednesday. The market opened on a positive note and the index hit 9,132.13 points high, up 219.09 points.
However, the momentum could not continue as the investors opted to offload their holdings on available margin after Islamabad bomb blast.
Trading improved slightly and the volume at ready counter increased to 92.344 million shares as compared to 89.836 million shares traded Tuesday. Market capitalisation increased by Rs 22 billion to Rs 2.627 trillion. Of total 363 active stocks, 202 closed in positive and 146 in negative while the value of 15 stocks remained unchanged.
BoP was the volume leader with 11.360 million shares and gained Re. 0.46 to close at Rs 17.42. Bank Al Falah and MCB increased by Re. 0.05 and Rs 3.26 to close at Rs 13.62 and Rs 209.76 with 3.467 million shares and 2.915 million shares respectively. However, UBL lost Re. 0.70 to close at Rs 57.92 with 2.804 million shares.
However, the momentum could not continue as the investors opted to offload their holdings on available margin after Islamabad bomb blast.
Trading improved slightly and the volume at ready counter increased to 92.344 million shares as compared to 89.836 million shares traded Tuesday. Market capitalisation increased by Rs 22 billion to Rs 2.627 trillion. Of total 363 active stocks, 202 closed in positive and 146 in negative while the value of 15 stocks remained unchanged.
BoP was the volume leader with 11.360 million shares and gained Re. 0.46 to close at Rs 17.42. Bank Al Falah and MCB increased by Re. 0.05 and Rs 3.26 to close at Rs 13.62 and Rs 209.76 with 3.467 million shares and 2.915 million shares respectively. However, UBL lost Re. 0.70 to close at Rs 57.92 with 2.804 million shares.