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Roundup: KSE keeps bullish trend amid low interest

Xinhua, October 8, 2015 Adjust font size:

Pakistan's Karachi Stock Exchange (KSE) recorded third straight bullish trading session on Thursday but overall investors' participation remained on the lower side as the main index travelled in a narrow range.

The benchmark KSE 100-Index increased by 0.28 percent or 92.95 points to 33,469.15 points on Thursday when compared with 33,376. 20 points reported on Wednesday. During the three-day bullish run, the main index has gained 684.21 points.

The KSE All Share Index swelled by 0.24 percent or 54.91 points to 23,405.61 points, the KSE 30-Index elevated by 0.24 percent or 47.32 points to 20,095.73 points, whereas the KMI 30-Index surged by 0.28 percent or 160.33 points to 56,695.61 points.

During Thursday's trading session, the key index moved in a thin band of 235.81 points as it hit an intraday high of 33,493.22 points as against an intraday low of 33,257.41 points.

Market volumes improved by 35.29 percent or 46.745 million shares to 179.222 million shares on Thursday when compared with 132.477 million shares posted on Wednesday.

Market capitalization moved up by 0.23 percent or 16.524 billion rupees (158.890 million U.S. dollars) to 7.152 trillion rupees (68.772 billion dollars) while trade value expanded by 28. 47 percent or 2.179 billion rupees (20.959 million dollars) to 9. 835 billion rupees (94.571 million dollars).

Among 377 active scrips on Thursday, prices of 234 issues advanced, 122 depleted, whereas values of 21 other companies stayed unchanged.

Byco Petroleum, Pak Elektron XD and TRG Pakistan Limited were the top traded companies with turnovers of 27.159 million shares, 15.557 million shares and 14.297 million shares, respectively.

Island Textile was the top price gainer with increment of 39.70 rupees (38.17 cents) to 873.89 rupees (8.40 dollars) while on the flip side Sapphire Textile led the major price shedders with decrement of 41.70 rupees (40.09 cents) to 792.40 rupees (7.61 dollars). Endi