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Showing posts from January 30, 2009

Blue chips keep KSE on upbeat note as index gains 43.29 points

KARACHI: Active participation of investors in banks, oil and fertiliser scrips and NIT State Enterprise Fund helped the Karachi stock market to maintain the bullish trend on Thursday. The Karachi Stock Exchange (KSE) 100-share index gained 43.29 points to close at 5,183.22 points as compared to 5,139.93 points traded in the previous session. The KSE 30 index also increased by 89.17 points and closed at 4,961.95 points as compared with 4,872.78 points of the previous session. The KMI 30 index also went up 35.13 points and closed at 6,894.75 points as against 6,859.62 points of the previous session. The market turnover rose 42.17 percent and traded 143.88 million shares as compared to 248.80 million shares traded in the previous session. The overall market capitalisation added 0.48 percent to close at Rs 1.645 trillion as compared with Rs 1.637 trillion traded in the previous session. Out of 288 companies, 97 closed in the positive zone, 185 in negative while six remained unchanged. Anal