Stock Exchange Pakistan » Jahangir Siddiqui Co.

Selling pressure continues at KSE

admin — Tue, 02 Jun 2009 22:51:53 +0000

KARACHI: Continued selling pressure further eroded values of leading scrips at Karachi Stock Exchange (KSE) Tuesday as 100-Index lost 85.23 points to close at 7125.11. The turnover volume was also low at 83.518 million shares as prices of 84 scrips recorded gains while 211 sustained losses and 13 remained unchanged. According to market analysts the index opened on a negative note and plunged to 7000 level on selling pressure. However, some buying at the end of the trading supported the market and Index moved up by 100 points. The market capitalization eroded by about Rs 25 billion to Rs 2.112 trillion. Jahangir Siddiqui Co was the volume leader with a turnover of 11.325 million shares.

Tuesday Mixed trend prevails at KSE

admin — Tue, 26 May 2009 23:37:49 +0000

KARACHI: A mixed trend prevailed at Karachi Stock Exchange (KSE) Tuesday as 100-Index gained 3.32 points to close at 7176.89. The turnover volume fell to 127.845 million shares as prices of 148 scrips recorded gains while 162 sustained losses and 10 remained unchanged. According to analysts, investors have adopted a cautious approach and were avoiding big deals. The market surged on buying spree, but fell down on profit taking half an hour before the close. The market capitalization was slightly improved by about Rs 0.63 billion to Rs 2.127 trillion. Jahangir Siddiqui Co was the volume leader with a turnover of 17.34 million shares.

Selling pressure continues at KSE

admin — Wed, 20 May 2009 21:17:15 +0000

KARACHI: Selling pressure continued at Karachi Stock Exchange (KSE) Wednesday as 100-Index further slipped by 7.13 points to close at 7,060.72. The turnover volume was low at 80.422 million shares as prices of 197 scrips sustained losses while 100 recorded gains and 13 remained unchanged. Analysts said that the market remained volatile during the trading and closed in negative zone after going up and down. The market capitalization was eroded by about Rs 10.8 billion to Rs 2.096 trillion. Jahangir Siddiqui Co. was the volume leader with a turnover of 9.343 million shares.