Closing Note Friday – June 07, 2013 Optimistic Loom Careful Held Analyst Karachi Stock Index unbolted the all-time-high variations with 88 +ve interpretations. Whereas, the first session took an elevation of activist drift along with the 310 +ve taps at the intensity of 22,587 . Afterwards excessively scores of rise and fall were sensible by clocked ending at the 82 +ve dots plus the strength was 22,358. The actuality that there was an entire power cut however the local equity market witnessed a bull-run. Shareholders were in calm situation while economic market analyst alleged to new policies would be verified as relatively efficient. Furthermore market would also be pretentious & cheered by the information that the inflow of the ventures. Analyst granted the survey said that backers were expecting on strapping magazine facts and the consciousness motivations were looked to the backburner expressions. Stakeholders were in nudged scheduled the racket in the market today that was apparently being counterfeit in numbers which tacked 340.24 million shares volume in the overall trading session which was pretty much low-graded. Whereas, KSE level vital at the tap of the volume offspring 216.03 million shares dealing that stopped greatly middle-of-the-road in the evaluation to the prior session. A typical number of 184 companies remained in the green zone out of total 369 active scripts, though 157 lost their share prices and 28 companies remained uninjured today while no scripts were looked at the upper cap while nor ended their trips at lower locks at the end of the intact trading session. Colgate Palmolive (Pak) Ltd. and Abbot Laboratories Ltd. were the top gainers of the day, with the considerate change as their share prices greater than before by 40.50 and Rs 15.41 respectively. And the two companies Nestle Pakistan Ltd and Wyeth Pakistan Ltd Sustained the vast trash with share prices reduces by Rs 250.00 and Rs 50.00 the same. Five out of 10 companies available in "Top Ten" chart witnessed positive in their share prices and five script faced decrease. In which three are given below: Three Peak volume movers were LOTCHEM, FATIMA and BOPR with the volume of 23.77, 23.34 & 22.27 million respectively. Key sectors that were well-organized during the drone were Banks, Chemicals and Fixed Line Telecommunications and displayed of the participation of BOP, FATIMA and PTC in that order. In Future Market the max out trading instigated participators were LOTCHEM-JUNE, BAFL-JUNE & PTC-JUNE achieved 3.9, 3.5 & 2.0 million respectively.
Posted on: Mon, 10 Jun 2013 04:01:44 +0000