Mixed trend prevails at KSE

KARACHI: A mixed trend prevailed at Karachi Stock Exchange (KSE) Tuesday as 100-Index gained 3.32 points to close at 7176.89, dealers said.
The turnover volume fell to 127.845 million shares as prices of 148 scrips recorded gains while 162 sustained losses and 10 remained unchanged.
A dealer at a leading brokerage house said that investors have adopted a cautious approach and were avoiding big deals. The market surged on buying spree, but fell down on profit taking half an hour before the close.
The market capitalization was slightly improved by about Rs 0.63 billion to Rs 2.127 trillion.
Jahangir Siddiqui Co was the volume leader with a turnover of 17.34 million shares followed by Arif Habib Sec 10.835 million shares, Lucky Cement 8.316 million shares, POL 6.539 million shares and D G Khan Cement 5.602 million shares.
MCB Bank close at 162.46, POL 158.87, Jahangir Siddiqui Co 25.68, D G Khan Cement 26.23, Adamjee Insurance 90.51, OGDC 76.53, Arif Habib 29.76 and Lucky Cement 57.27.

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