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Closing: KSE-100 keeps bullish track with 97pts despite volatile conditions

Closing: KSE-100 keeps bullish track with 97pts despite volatile conditions

KARACHI: The Karachi Stock Exchange benchmark 100-index gained 97.15 points or 0.27 percent to reach 35921.71 points and volume of 163,025,840 shares on Tuesday.
Earlier, the Karachi Stock Exchange enjoyed second morning of positive note as KSE-100 index gained 55.54 points to reach 35880.10 points level, with the total volume of 15,735,500 shares on opening.
On Monday, the KSE-100 index closed up by 83.04 points at 35,824.56. The index drifted in and out of the red for most of the trading time, to make intraday high and low by 91 and 39 points. Volume declined by 33pc to 201 million shares with the trading value down to Rs9.6 billion, from 299m shares of Rs10.8m recorded last Friday.
Total volume traded in the market was 310,670,440 shares with 353 total traded companies out of which 146 were up 189 were down and 18 were unchanged.
Commercial Banks was the top traded sector with total traded volume of 48,666,800 shares. It was followed by Technology and Communication with a total traded volume of 46,444,500 shares.
The three top traded companies were Ghani Automobile with a volume of 10,583,000 and price per share of 11.77 (0.44), Fauji Cement with a volume 8,910,000 of price per share of 37.00 (1.30), D.G.K.Cement with a volume 8,177,400 of price per share of 155.40 (4.92).
The top three advancers were Hinopak MotorXD with price per share 1036.20 (49.34), Sitara Chemical with price per share of 340.18 (16.19) and Abbott Lab. share of 695.00 (15.00).
The top three decliners were Unilever Foods with price per share of 8165.25 (-429.75), Colgate Palmolive with price per share of 1450.00 (-50.00) and Service Ind.Ltd share of 807.03 (-42.47).
High and low were 35959.12 and 35653.16 respectively. Total volume traded in the market was 163,025,840 shares.