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Profit taking trims values at KSE


Profit taking suppressed prices of leading scrips at Karachi Stock Exchange (KSE) yesterday as 100 Index shed 8.12 points to close at 10,607.03 dealers said.
A dealer at a leading brokerage house said that market opened with a bullish note for a short spell but slipped on selling pressure which mounted due to profit taking. The turnover volume was low at 153.863 million shares as 228 scrips advanced while 155 sustained losses and 20 remained unchanged.
The market capitalisation also eroded by Rs 473 million to Rs 3.007 trillion. Lotte Pak was the volume leader with a turnover of 17.415 million shares followed by NIB Bank to 14.933 million shares, TRG Pak 14.095 million shares, Amtex Ltd 8.660 million shares and Maple Leaf Cement 7.922 million shares.
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