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100-Index crosses 8100 level on hectic buying.

KARACHI, August 21, 2009 (Balochistan Times): Hectic buying improved values of leading scrips at Karachi Stock Exchange (KSE) Friday as 100-Index surged by 134.49 points to close at 8,107.94, dealers said. The turnover volume was low at 125.987 million shares as prices of 232 scrips recorded gains while 104 sustained losses and 19 remained unchanged. A dealer at a leading brokerage house said that the market was bullish in the morning as Index crossed 8000 level on hectic buying. Buying spree continued in the second session and Index crossed 8100 level by the close. The market capitalisation improved by Rs 38 billion to Rs 2.385 trillion. PTCL was the volume leader with a turnover of 12.701 million shares followed by Bank Al-Falah with 9.599 million shares, DG Khan Cement 8.062 million shares, Japan Power 7.475 million shares and Nishat Mills 6.302 million shares. Nishat Mills closed at 44.60, D G Khan Cement 34.20, Arif Habib 30.81, PTCL 19.97, Lucky Cement 73.21, Bank Al-Falah 11.84 and OGDC 95.09. Unilever Pak recorded the highest gain of Rs 109 to close at 2289 followed by Bata Pak which went up by Rs 35.25 to 740.25 while Siemens Pak dipped by Rs 46.50 to 1072 and Wyeth Pak down by Rs 22.82 to 1174.

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Publication:Balochistan Times (Baluchistan Province, Pakistan)
Date:Aug 21, 2009
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