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Bulls run at KSE.

KARACHI, July 14, 2010 (Balochistan Times): Hectic buying has improved values of leading scrips at Karachi Stock Exchange (KSE) Wednesday as 100 Index gained 72.35 points despite profit taking to close at 10,187 dealers said. Bashir Memon, a dealer at a leading brokerage house said that market was opened on a positive note and 100 Index crossed 10,200 level on buying spree. However, profit taking trimmed values, he added. He said that bull-run is continued for the second consecutive day on heavy buying from foreign fund managers. The turnover volume increased to 121.264 million share as 246 scrips advanced while 134 sustained losses and 25 remained unchanged. The market capitalization was improved by Rs 20 billion to Rs 2.862 trillion. Lotte Pak was the volume leader with a turnover of 18.046 million shares followed by NBP 6.695 million shares, DG Khan Cement 6.228 million shares, Nishat Mills 5.901 million shares and TRG Pak 5.678 million shares. D G Khan Cement closed at 28.16, NBP 68.54, Lotte Pak 8.87, Silkbank 3.14, Nishat Mills 47.82, FFBL 28.89 and Arif Habib Sec 34.27. Nestle Pak recorded the highest increase of Rs 26.87 to 1766.01 followed by Unilever Food which moved up by 18 to 1018.50 while Wyeth Pak dipped by 17 to 1100 and Lakson Tobacco went down by Rs 9.90 to 195.

(THROUGH ASIA PULSE)
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Publication:Balochistan Times (Baluchistan Province, Pakistan)
Date:Jul 14, 2010
Words:244
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