Tuesday Mixed trend prevails at KSE

Posted on May 26, 2009

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.

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