Arab Today, arab today karachi stock smashes past landmark 29kbarrier
Last Updated : GMT 00:33:31
Arab Today, arab today
Arab Today, arab today

Karachi Stock smashes past landmark 29k-barrier

Arab Today, arab today

Arab Today, arab today Karachi Stock smashes past landmark 29k-barrier

Islamabad - XINHUA

Pakistan's Karachi Stock Exchange (KSE) achieved the historic 29,000 points for the first time ever on Thursday as the key index jumped over 300 points to close above 29,200 points with turnovers hitting an eight-month high in value terms. The benchmark KSE 100-Index augmented by 1.07 percent or 309.53 points to 29,250.54 points Thursday as against 28,941.01 points posted Wednesday. The KSE All Share Index gained 0.89 percent or 193.06 points to 21,839.62 points, the KSE 30-Index increased by 0.92 percent or 187.68 points to 20,570.64 points, whereas the KMI 30-Index jacked up by 0.78 percent or 366.87 points to 47,316.66 points. During Thursday's trading session, the key index touched an all- time intraday peak of 29,276.24 points as against an intraday low of 28,941.01 points. Continued rally kept market in bullish zone as continued healthy foreign flows and Pakistani rupee strengthening kept interest in Oil Marketing Companies (OMCs), pharmaceuticals and auto sectors alive. Volumes rose to 8-month high as renewed interest was seen in Pakistan State Oil, Engro Corporation, and National Bank of Pakistan while mid-cap stocks led the volumes. Market volumes swelled by 40.892 million shares to 350.367 million shares, capitalization increased by 61.302 billion rupees (613.022 million U.S. dollars) to 7.029 trillion rupees (70.296 billion U.S. dollars), whereas trading value advanced by 4.349 billion rupees (43.495 million U.S. dollars) to 15.765 billion rupees (157.657 million U.S. dollars). As per the figures released by the National Clearing Company of Pakistan Limited (NCCPL), the foreign investors did net buying of 4.867 billion rupees (48.67 million U.S. dollars) from April 1-9, 2014 as against net selling of 515.391 million rupees (5.202 million U.S. dollars) during March, 2014. Among 387 active companies on Thursday, 193 gained, 167 declined, whereas prices of 27 other issues stayed unchanged. Lafarge Pakistan Limited, Pakistan Elektron Limited, and Pace Pakistan Limited were the top traded companies with turnovers of 59.737 million shares, 20.939 million shares, and 15.908 million shares, respectively. Bata Pakistan was the top price gainer with increment of 68.87 rupees (68.87 U.S. cents) to 3,069.37 rupees (30.69 U.S. dollars) while Rafhan Maize XD was the major price decliners with decrement of 150 rupees (1.5 U.S. dollars) to 9,350 rupees (93.50 U.S. dollars).

arabstoday
arabstoday

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 smashes past landmark 29kbarrier Arab Today, arab today karachi stock smashes past landmark 29kbarrier

 



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 smashes past landmark 29kbarrier Arab Today, arab today karachi stock smashes past landmark 29kbarrier

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Sheraton Grand Hotel reveals its deals

GMT 12:20 2017 Monday ,25 September

Sheraton Grand Hotel reveals its deals
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Iraq Kurds in historic independence vote

GMT 15:20 2017 Monday ,25 September

Iraq Kurds in historic independence vote
Arab Today, arab today North Korea 'more opaque'

GMT 10:50 2017 Sunday ,24 September

North Korea 'more opaque'
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today 'Lady Beast' fights for girl gamers

GMT 10:27 2017 Sunday ,24 September

'Lady Beast' fights for girl gamers
Arab Today, arab today Conditions growing dire    

GMT 09:22 2017 Monday ,25 September

Conditions growing dire    
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Chevrolet's first 9-speed auto debuts

GMT 18:58 2017 Monday ,25 September

Chevrolet's first 9-speed auto debuts
Arab Today, arab today Third generation adds more power

GMT 13:40 2017 Sunday ,24 September

Third generation adds more power
Arab Today, arab today Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today Psychologists help Mexico deal

GMT 05:05 2017 Sunday ,24 September

Psychologists help Mexico deal

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 20:10 2017 Saturday ,23 September

Big Western brands polluting oceans

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 12:02 2017 Sunday ,24 September

Harry visits mental health hospital

GMT 11:11 2017 Sunday ,24 September

The dark side of new tourism hope

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
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