Arab Today, arab today karachi stock exchangehovers around 25000point level in bullish trade
Last Updated : GMT 20:37:28
Arab Today, arab today
Arab Today, arab today

Karachi stock exchangehovers around 25,000-point level in bullish trade

Arab Today, arab today

Arab Today, arab today Karachi stock exchangehovers around 25,000-point level in bullish trade

Islamabad - XINHUA

Buying in cement and banking companies helped equities on Pakistan's Karachi Stock Exchange ( KSE) to record major bullish activities on Wednesday but the key index failed to sustain the psychological 25,000 points towards the end amid profit-taking at higher levels. The benchmark KSE 100-Index increased by 0.38 percent, or 94.22 points, to close at 24,972.90, as against 24,878.68 points recorded on Tuesday. The KSE All Share Index gained 0.44 percent or 80.44 points to end at 18,512.22 points, the KSE 30-Index moved up by 0.38 percent or 71.25 points, whereas the KMI 30-Index surged by 0.43 percent or 178.42 points to finish at 41,736.1 points. During Wednesday's trading, the main index hit an intraday high of 25,020.17 points and an intraday low of 24,878.68 points. The market once again overcame the psychological mark of 25,000 points, but failed to sustain that level. The cement sector remained in the limelight on back of potential price increase in the upcoming month. Moreover, investors' interest was witnessed in BankIslami Pakistan Limited and National Bank of Pakistan due to improving margins of the banking sector. Trading volume rose slightly by 2.3 million shares to 179.83 million shares, turnover reduced by 719.75 million rupees (6.85 million U.S. dollars) to 7.21 billion rupees (68.63 million U.S. dollars), whilst market capitalization swelled by 25.66 billion rupees (244.37 million U.S. dollars) to 6.03 trillion rupees (57. 44 billion U.S. dollars) on Wednesday. Among 365 active scrips Wednesday, prices of 234 issues advanced, 104 declined, and 27 others stayed unchanged. BankIslami Pakistan Limited, National Bank of Pakistan, and Dera Ghazi Khan Cement were most heavily traded, with trading volume at 18.23 million shares, 13.1 million shares, and 9.89 million shares, respectively. Rafhan Maize led advancers by rising 350 rupees (3.33 U.S. dollars) to close at 8,050 rupees (76.66 U.S. dollars), while on the flip side Siemens Pakistan chalked up the sharpest decline, down by 69.78 rupees (66.45 U.S. cents) to 1,379.97 rupees (13.14 U.S. dollars).

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today karachi stock exchangehovers around 25000point level in bullish trade Arab Today, arab today karachi stock exchangehovers around 25000point level in bullish trade

 



Arab Today, arab today
Arab Today, arab today Reveals his participation in "Fashion Star" TV show

GMT 12:49 2017 Wednesday ,01 March

Reveals his participation in "Fashion Star" TV show
Arab Today, arab today Tabarka beauty between sea, mountain

GMT 06:37 2017 Wednesday ,01 March

Tabarka beauty between sea, mountain
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today Russia, China veto UN resolution

GMT 07:27 2017 Wednesday ,01 March

Russia, China veto UN resolution
Arab Today, arab today NUMP's conference to discuss proplems

GMT 13:40 2017 Wednesday ,01 March

NUMP's conference to discuss proplems
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Parliament considers solutions to overpopulation

GMT 20:27 2017 Monday ,27 February

Parliament considers solutions to overpopulation
Arab Today, arab today Lasers flesh out dino-bird profile

GMT 12:24 2017 Wednesday ,01 March

Lasers flesh out dino-bird profile
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Final Phantom VII signals end of an era

GMT 14:31 2017 Tuesday ,28 February

Final Phantom VII signals end of an era
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Najla Badr will participate in “30 Days” drama

GMT 06:23 2017 Monday ,27 February

Najla Badr will participate in “30 Days” drama
Arab Today, arab today Humans spark most US wildfires

GMT 14:58 2017 Tuesday ,28 February

Humans spark most US wildfires

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 07:54 2017 Wednesday ,01 March

Shanghai expands public smoking ban

GMT 00:47 2017 Monday ,27 February

17.4 million tourists visit UAE in 2016

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 06:27 2017 Wednesday ,01 March

GSMA: 5 billion mobile phone users in 2017

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday