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KSE 100-Index steers to 29,250.54 points

KARACHI: With the buying of foreign funds Karachi Stock Exchange (KSE) steered to the historic 29,000 points for the first time ever on Thursday gaining 309.53 points, ARY News reported. 

KSE 100-Index closed at 29,250.54 points with the progress of 1.07 per cent.

Healthy foreign flows continued and the local currency strengthened. Renewed interest was seen in Pakistan State Oil Co Ltd and Engro Corporation Ltd, said dealer Samar Iqbal at Topline Securities.

Pakistan State Oil Co Ltd rose 5 percent to 442.02 rupees while Engro Corporation Ltd was up 4.86 percent to 214 rupees.

High and Low were 29,276.24 and 28,941.01 respectively.

Total volume traded in the market was 382,275,701 and in terms of value it was 20,031,644,866.

Total traded companies were 386, among them 192 advanced, 167 declined while 27 went unchanged.

The three top traded companies were Lafarge Pak. with a volume of 59,737,500 and price per share of 13.77 (0.72), Pak Elektron Ltd with a volume 20,939,500 of price per share of 23.41 (0.21), Pace (Pak) Ltd. with a volume 15,908,000 of price per share of 5.09 (0.01).

 

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