KARACHI  - Market closed down after witnessing a lackluster session as only 102m shares were traded. Renewed buying interest was seen in oil stocks especially Pakistan Petroleum after Prime Minister inaugurated Latif Field. FFBL also increased after unconfirmed news of increase in DAP prices. PSO remained under pressure amid conflicting news regarding electricity price change, equity dealer Samar Iqbal observed here on Thursday.

At local equity market, the benchmark KSE 100-share index shed 37.32 points or 0.17 per cent to end the day at 22152.35 points as compared to 22189.67 points of the previous day. KSE allshare-index lost 9.31 points or 0.06 percent to finish the day at 16057.71 points, KSE 30-share index misplaced by 17.43 points or 0.10 per cent to close the day at 16834.88 points while KMI 30-share index added 36.76 points or 0.10 percent to conclude the day at 37905.53 points.  An analyst said stocks closed flat amid concerns for security unrest and uncertainty over outcome of SC warnings on power tariff raised on Oct 1 to ease circular debt concerns.

in the energy sector.

Limited foreign interest after uncertainty in global commodities and stocks on US government shutdown played a catalyst role in bearish sentiments. Stronger earning outlook in selected oil, fertilizer and cement stocks on higher local prices and production data supported the index to close above session lows.

The day turnover of stock market in term of shares was 102.216 million shares after opening at 133.669 million share and the values of the shares reduced to Rs 4.930 billion from Rs 6.569 billion.

The capitalization of the market maintained at Rs 5.255 trillion as compared to Rs 5.258 trillion of a day earlier.

Trading took place in 345 companies where losers beat the gainers by 204 to 123 while the values of 18 stocks remained intact. Biggest decreased was noted in rate of Wyeth Pak Limited which went down by Rs 228.86 to Rs 4424.89 followed by Rafhan Maize XD, off by Rs 50 to Rs 4800. Colgate Palmolive and Siemens Pakistan were the biggest price gainers of the day, increased by Rs 70.75 to Rs 1485.75 and Rs 20.60 to Rs 880.

TRG Pakistan was the top traded company of the day with 11.619 million shares as it closed at Rs 10.10 after opening at Rs 9.77. Telecard Limited was on the second position with 7.950 million shares, shed Re 0.03 to Rs 6.07. It was followed by Dera Ghazi Khan Cement with 6.069 million shares, up by Rs 1.24 to Rs 73.08, Pak PetroleumXDXB with 5.313 million shares, up by Re 0.45 to Rs 203.94 and P.T.C.L.A with 4.785 million shares, shed Re 0.13 to Rs 26.45.