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Roundup: KSE maintains record-breaking spree

Xinhua, January 12, 2015 Adjust font size:

Pakistan's Karachi Stock Exchange (KSE) continued the record-breaking spree on Monday as investors stayed buoyed amid reduced political tension in the country and surge in international equity markets.

The benchmark KSE 100-Index gained 0.28 percent or 93.38 points to 33,418.20 points on Monday when compared with 33,324.82 points reported on Friday.

The KSE All Share Index swelled by 0.15 percent or 35.41 points to 24,333.64 points, the KSE 30-Index increased by 0.16 percent or 34.14 points to 21,654.5 points, whereas the KMI 30-Index moved up by 0.07 percent or 36.6 points to 52,481.58 points.

During Monday's trading session, the key index touched an intraday high of 33,513.92 points as against an intraday low of 33, 324.82 points.

Market volumes trimmed down by 104.530 million shares to 250. 550 million shares on Monday as against 355.081 million shares posted on Friday, the capitalization improved by 11.274 billion rupees (112.744 million U.S. dollars) to 7.675 trillion rupees (76. 758 billion U.S. dollars), whereas the trading value dipped by 4. 471 billion rupees (44.712 million U.S. dollars) to 12.533 billion rupees (125.337 million U.S. dollars).

Among 393 active scrips on Monday, prices of 191 issues advanced, 190 declined, whereas values of 12 other companies stayed unchanged at previous week's levels.

Pak Int. Bulk, Jahangir Siddiqui Company Limited, and Karachi Electric Limited were the top traded companies with turnovers of 26.635 million shares, 14.884 million shares, and 12.058 million shares, respectively.

Rafhan Maize was the top price gainer with increment of 527.86 rupees (5.27 U.S. dollars) to 11,500 rupees (115 U.S. dollars) whereas Nestle Pakistan led the major price shedders with decrement of 275.01 rupees (2.75 U.S. dollars) to 10,700 rupees ( 107 U.S. dollars). Endi