KSE-100 Index inches up by 28 points
KARACHI: The trade activities remained almost flat on Thursday at Karachi Stock Exchange (KSE) as the benchmark KSE-100 Index posted a slight gain of 28 points to finish at 9,762.
Opening with green numbers, the KSE-100 Index remained in the positive zone throughout the session as investors took cautious positions in energy and cement sectors.
The trade volume remained thin at 40 million shares with HUBCO topping the list of volume leaders at Rs36.80, up by paisas 18.
Meanwhile, KSE-30 Index slipped 5 points to close at 9,636.
KSE-100 Index recovers 67 points on fresh buying
KARACHI: Fresh buying at Karachi Stock Exchange (KSE) on Friday contributed 67 points to the benchmark KSE-100 Index which closed at 10,296.
Early buying gave the stock market a positive start and the Index remained in the green territory throughout the session, as investors took particular interest in energy sector.
The trade volume stood at 67.3 million shares with OGDCL topping the list of actives at Rs 151.15, up by Rs2.96.
Meanwhile, KSE-30 Index gained 59 points to peg at 10,244.
Market dealers are expecting that the corporate results that are scheduled to come from next week will be strong and will be helpful in providing support to the local share market.
KSE-100 Index gains 186 points on fresh buying
KARACHI: Karachi Stock Exchange (KSE) witnessed fresh buying on Wednesday, pushing the KSE-100 Index by 186 points to finish at 9,437.
Today, the share market began 42 points up and soon shot up by 231 points on reports of recommendations of a standing committee of senate against imposition of Capital Gains Tax (CGT). Later, some of the gains were trimmed on non-confirmation of these reports and the Index closed at the current level.
The trade volume stood at 99.3 million shares with Lotte Pakistan leading the actives in terms of volume at Rs8.96, up by paisas 25.
Bears return to KSE; Index slips 85 points
KARACHI: Bears returned to the local equities market Wednesday causing the benchmark KSE-100 Index down by 85 points to finish the day at 9,678.
The share market opened downbeat and remained tightly in the grips of bears throughout the session as investors opted for trimming their stake due to complications in the procedure of submitting capital gains tax.
The trade volume was recorded at 120 million shares with Lotte Pakistan topping the list actives at Rs9.61, down by Rs1.
Meanwhile KSE-30 Index shed 82 points to peg at 9,665.
Bullish activity pushes KSE-100 Index to 9,621 points
KARACHI: Bulls dominated Karachi Stock Exchange (KSE) Thursday, contributing 122 points to the benchmark KSE-100 Index which closed at 9,621.
Today’s trade began upbeat and remained positive throughout the session. At one stage the Index was seen at its intra-day high of 9,651 points as investors took particular interest in energy and banking sectors.
The trade volume stood at 140 million shares with Lotte Pakistan topping the list of actives at Rs9.30, up by paisas 23.
On the other hand, KSE-30 Index gained 155 points to finish the day at 9,577.
KSE witnesses lackluster day
KARACHI: The trade activities at Karachi Stock Exchange (KSE) Wednesday remained lackluster as the Index inched up by 13 points to finish the day at 10,222 points.
The share prices see sawed throughout the today’s session and the Index at one stage was seen floating at its intra day low at 10,079 points.
The trade volume was recorded at 130 million shares with TRG Pakistan topping the list of actives at Rs5.36, up by paisas 99.
On the other hand, KSE-30 Index eased two points to peg at 10,296.
KSE slips 25 points amid thin volume
KARACHI: Karachi Stock Exchange (KSE) witnessed more selling Friday, the benchmark KSE-100 Index lost 25 points to close at 10,429 while trade volume stood at five-week low.
The share market carried forward yesterday’s negative trend at the start of the opening session today and remained dominant throughout the two sessions.
Sound financial results of Fauji Fertilizer Company failed to fuel investment and switch the stock market into positive zone.
Today’s market turnover stood weak at 96.8 million shares – lowest since 24 March 2010.
PTCL remained the volume leader at Rs21.50, stronger by paisas 21.
Meanwhile, KSE-30 Index slid 76 points to finish the day at 10,481.
KSE-100 Index slides below 10,500 level
KARACHI: Correction at the local bourse continued on Thursday, taking away 64 points from the benchmark KSE-100 Index which closed at 10,454.
The Index started off green and witnessed the intra-day high of 10,579 points. But later off-loading in energy and banking sectors by the investors sucked away earlier gains.
The trade volume was weak and stood at 110 million shares.
PTCL emerged as today’s volume leader at Rs21.48, up by paisas 45.
Meanwhile, KSE-30 Index plunged by 81 points to finish the day at 10,557.
KSE-100 Index gains 11 points
KARACHI: Karachi Stock Exchange (KSE) witnessed a weak day as stock prices fluctuated throughout the session on Monday.
The benchmark KSE 100-share Index gained 11 points to finish the first trading day of the week at 10,669.
Today’s trade began with positive numbers and the major Index was, at one stage, seen floating at 10,691 points level. However, later profit taking in energy stocks took away the earlier gains, leaving the Index only with 11 points up.
The trade volume was recorded at 160 million shares with Lotte Pakistan topping the list of actives which an increase of paisas 30 to close at Rs12.40.
KSE slides 18 points at weekend
KARACHI: Karachi Stock Exchange (KSE) witnessed mixed trend on Friday, as Index closed 18 points down to 10,659.
Today’s trade began upbeat and investors’ interest in taking positions pushed the Index beyond 10,700 level. But later profit taking in the second session switched the share market into negative zone and the Index closed at the current level.
Today’s trade volume was recorded at 206.4 million shares.
On the other hand KSE-30 Index saw a nominal gain of 11 points to finish at 10,877.
