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Closing: KSE 100-index adds 418pts, up 1.27% to end in green zone

Closing: KSE 100-index adds 418pts, up 1.27% to end in green zone

KARACHI: The Karachi Stock Exchange benchmark 100-index gained 417.93 points or 1.27 percent to reach 33202.87 points and volume of 90,037,060 shares on Tuesday.

Till midday, the KSE up by 0.99 per cent, gaining 323.06 points to reach 33108 points level.

On Monday, the KSE lost the previous sessions’ momentum due to volatility. The Karachi Stock Exchange (KSE)-100 index lost 184.79 points to close at 32,784.94 points as compared to 32,969.73 of the previous session. The KSE-30 Index shed 145.06 points and closed at 19,629.66 points against 19,774.73 points of the last closing.

Fertilizer was the top traded sector with total traded volume of 13,968,600 shares. It was followed by Technology and Communication with a total traded volume of 22,663,500 shares.

The three top traded companies were Pak ElektronXD with a volume of 8,998,500 and price per share of 80.22 (0.54), Byco Petroleum with a volume 8,094,500 of price per share of 26.66 (0.09), Silk Bank Ltd with a volume 6,917,000 of price per share of 1.65 (0.04).

The top three advancers were Pak Tobacco. with price per share 975.00 (25.00), Ferozsons (Lab) SPOT with price per share of 814.73 (20.74) and Service AL-Ghazi Trac.share of 453.73 (19.30).

The top three decliners were Indus Dyeing with price per share of 1148.24 (-60.43), Sapphire Fiber with price per share of 645.05 (-33.95) and Colgate PalmoXD share of 1310.10 (-29.90).

High and low were 33239.04 and 32784.94 respectively. Total volume traded in the market was 90,037,060 shares.