Buying improves value at Karachi Stock Exchange

Posted on April 28, 2009

KARACHI: Late entry of bulls improved values of leading scrips at Karachi Stock Exchange (KSE) as 100-Index gained 85.14 points to close at 7,430.08. The turnover volume was high at 1818.905 million shares as prices of 179 scrips sustained losses and 136 advanced while 19 remained unchanged. A dealer at a leading brokerage house said that the market was bearish in the morning on selling pressure but regained strength on some buying specially before the close of trading. The market capitalization was improved by about Rs 22 billion to Rs 2.213 trillion. NBP was the volume leader with a turnover of 16.609 million shares.