Buying improves values at KSE

Hectic buying enhanced values of leading scrips at Karachi Stock Exchange (KSE) yesterday as 100-Index gained 181.99 points to close at 7684.65, dealers said.
The turnover volume was high at 194.665 million shares as prices of 201 scrip’s recorded gains while 96 sustained losses and 15 remained unchanged. Aleem Bashir, a dealer at a leading brokerage house said that the market remained bullish through out the day on hectic buying except in the last half an hour when some profit taking slightly eroded values.
The market capitalization was improved by about Rs 50.23 billion to Rs 2.259 trillion. DG Khan Cement was the volume leader with a turnover of 19.999 million shares followed by Jahangir Siddiqui Co with 13.841 million shares, OGDC 12.400 million shares, Fauji Cement 9.779 million shares and Lucky Cement 9.597 million shares.
OGDC closed at 87.45, Jahangir Siddiqui Co 27.06, PTCL 16.98, DG Khan Cement 32.33, Lucky Cement 68.32, NBP 74.58 and Engro Polymer 22.61. Attock Petroleum recorded the highest gain of Rs 14.15 to close at 347.03 followed by PSO which moved up by Rs 8.14 to 242.18 while Nestle Pak dipped by Rs 51 to 980 and Wyeth Pak went down by Rs 39.99 to 1230.

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