The KSE-100 index remained unchanged at 9,182.88 points on Friday as the market players were not ready to take fresh positions on the last trading session of the week before removal of floor mechanism due on Monday.
"Uncertainty regarding expected situation after removal of the floor mechanism forced the market participants to sidelines", analysts said, and added that still the investors were unaware regarding the implementation of bail-out package announced by the government.
The ready market volume increased slightly, to 279,000 shares, as compared to 120,500 shares traded on Thursday, while no trading was observed in futures. Market capitalisation declined by one billion rupees to Rs 2.829 trillion. Trading took place in 26 scrips, out of which three closed in positive and seven in negative, while the value of 16 scrips remained unchanged.
Trust Modaraba was volume leader day with 100,500 shares. However, its value remained unchanged at Rs 1.35. UBL closed at Rs 68.25, without any change with 75,000 shares. First Fid Leasing lost Re. 0.05 to close at Rs 4.15 with 13,500 shares. Al Zamin Leasing remained unchanged at Rs 2.20 with 11,500 shares. Zeal Pak closed at Rs 1.16 without any change with 10,000 shares. Unicap Modaraba remained unchanged at Re. 0.40 with 10,000 shares.
Gharibwal Cement declined by Re. 0.32 to close at Rs 17.23 with 7,500 shares. Shifa International Hospital lost Re. 1.08 to close at Rs 21.66 with 7,500 shares. Flying Cement remained unchanged at Rs 4.32 with 5,000 shares. Pakistan Cement closed at Rs 4.90 without any change with 5,000 shares.
BMA Capital and UDL Modaraba were the highest gainers and gained Re. 1.00 and Re. 0.05 to close at Rs 10.00 and Rs 3.10 respectively while Pak Datacom and Shifa Int. Hospital were the worst losers and lost Rs 2.00 and Re. 1.08 to close at Rs 44.50 and Rs 20.58 respectively.
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