The Karachi share market on Tuesday witnessed positive trend and KSE-100 index gained 43.84 points to close at 9,686.40 points from 9,642.56 points. The index hit 9,726.33 points intra-day high and 9,624.74 points low. Despite positive trend, trading volumes at ready counter declined to 118.138 million shares as compared to 156.716 million shares traded on Monday.
Market capitalisation surged by Rs 11.086 billion to Rs 2.811 trillion fromt Rs 2.8 trillion. Of 420 active scrips, 202 closed in positive and 201 in negative, while the value of 17 scrips were remained unchanged.
Arif habib Sec was the volume leader with 19.88 million shares and it closed at Rs 48.06 with Rs 2.2 gain. Jahangir Siddiqui Co was on second number with 16.735 million shares and it gained Rs 0.09 to close at Rs 39.19. Nishat Mills gained Rs 2.67 to close at Rs 63.21 with 7.49 million shares.
Fauji Cement declined by Rs 0.21 to close at Rs 7.56 with trading of 4.45 million shares. Bank Al-Falah lost Rs 0.05 to Rs 13.93 with a trading volume of 4.28 million shares. Fauji Fert Bin Qasim with trading volume of 3.48 million shares trading increased by Rs 1.01 to close at Rs 25.54 and Netsol Technologies gained Rs 1.31 to close at Rs 27.51 with 2.9 million shares.
Azgard Nine closed at Rs 27 with 2.57 million shares. Fauji Fertiliser gained Rs 1.27 to close at Rs 103.59 with 2.38 million shares and D.G. Khan decreased by Rs 0.23 to close at Rs 34.58 with 2.14 million shares. UniLever Pak and Hinopak Motors were the highest gainers with Rs 54.16 and Rs 13.69 to close at Rs 2280.16 and Rs 287.51 respectively, while Bata Pak and Services Industries were the worst losers with Rs 34.96 and Rs 9.73 to close at Rs 840.04 and Rs 207.41 respectively.
Analysts said that overall trading was dull in the share market. However, in the evening some buying by local investors was seen, which pushed the market in positive zone. They said that active trading activity took place in only a few scrips and remaining all shares were on low volume.
Comments
Comments are closed.