RECORDER REPORT
KARACHI (December 05 2008): Trading activity at the Karachi share market improved slightly on Thursday, however, the benchmark KSE-100 index once again remained unchanged at 9,187.10 points. The total turnover at the ready market increased to 917,900 shares as compared to 41,200 shares traded a day earlier. No trading was witnessed at the futures market.
The overall market capitalisation declined by one billion rupees to at Rs 2.817 trillion. Out of the total 10 active scrips, two closed in positive and two in negative while the value of six scrips remained unchanged. Saritow Spinning was the overall market volume leader with 896,000 shares. However, it lost Re. 0.38 to close at Rs 1.06. National Assets remained unchanged at Re. 0.43 with 10,500 shares. Sitara Energy Limited declined by Re. 0.17 to close at Rs 20.35 with 5,500 shares.
Habib-ADM Limited gained Re. 0.33 to close at Rs 9.69 with 1,500 shares. Al-Zamin Leasing remained unchanged at Rs 1.75 with 1,000 shares. Gauhar Engg Limited closed at Re. 1.00 without any change with 1,000 shares. Gatron Industries remained unchanged at Rs 44.10 with 900 shares. Askari Bank closed at Rs 27.98 without any change with 500 shares. Pak Datacom Limited gained Re. 0.04 to close at Rs 51.35 with 500 shares. Millat Tractors remained unchanged at Rs 163.92 with 500 shares.
Habib-ADM Limited and Pak Datacom Limited were the highest gainers and gained Re. 0.33 and Re. 0.04 to close at Rs 9.69 and Rs 51.35 respectively while Saritow Spinning and Sitara Energy Limited were the worst losers and lost Re. 0.38 and Re. 0.17 to close at Rs 1.06 and Rs 20.35 respectively.
Ahsan Mehanti at Shehzad Chamdia Securities said that the selling activity continued as IMF has disallowed bailout funds to ease the capital market turmoil. Investors remained concerned over the fate of CFS financiers and CFS financees after the market floor is set to open soon without the injection of funds.
The overall market capitalisation declined by one billion rupees to at Rs 2.817 trillion. Out of the total 10 active scrips, two closed in positive and two in negative while the value of six scrips remained unchanged. Saritow Spinning was the overall market volume leader with 896,000 shares. However, it lost Re. 0.38 to close at Rs 1.06. National Assets remained unchanged at Re. 0.43 with 10,500 shares. Sitara Energy Limited declined by Re. 0.17 to close at Rs 20.35 with 5,500 shares.
Habib-ADM Limited gained Re. 0.33 to close at Rs 9.69 with 1,500 shares. Al-Zamin Leasing remained unchanged at Rs 1.75 with 1,000 shares. Gauhar Engg Limited closed at Re. 1.00 without any change with 1,000 shares. Gatron Industries remained unchanged at Rs 44.10 with 900 shares. Askari Bank closed at Rs 27.98 without any change with 500 shares. Pak Datacom Limited gained Re. 0.04 to close at Rs 51.35 with 500 shares. Millat Tractors remained unchanged at Rs 163.92 with 500 shares.
Habib-ADM Limited and Pak Datacom Limited were the highest gainers and gained Re. 0.33 and Re. 0.04 to close at Rs 9.69 and Rs 51.35 respectively while Saritow Spinning and Sitara Energy Limited were the worst losers and lost Re. 0.38 and Re. 0.17 to close at Rs 1.06 and Rs 20.35 respectively.
Ahsan Mehanti at Shehzad Chamdia Securities said that the selling activity continued as IMF has disallowed bailout funds to ease the capital market turmoil. Investors remained concerned over the fate of CFS financiers and CFS financees after the market floor is set to open soon without the injection of funds.
No comments:
Post a Comment