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.

KSE-100 Index recovers 176 points, Friday

admin — Fri, 22 May 2009 21:35:37 +0000

KARACHI: Buoyant trade activity was witnessed at Karachi Stock Exchange (KSE) on Friday as the benchmark KSE-100 Index witnessed recovery of 176 points to close at 7,146. The share market opened upbeat and witnessed buying throughout the two sessions. Trade volume was recorded at 200 million shares. Pak PTA was led the volume leaders which gained paisas 67 to close at Rs3.66. Market analysts say the positive activity will continue in the share market in the coming week.

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Selling pressure continues at KSE

KSE-100 Index recovers 176 points, Friday