KSE gains 28pts on local buying

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2012-09-14T00:37:58+05:00 Business Desk

KARACHI – Shares at Karachi Stock Exchange on Thursday maintained positive trend and the KSE-100 index gained 28.03 points to close at 15,306.51 points.At the opening session negative trend was seen but investors’ interest supported the index to recover the losses and to hit 15,341.74 points intra-day high level.Market capitalisation increased by Rs 6 billon to Rs 3.898 trillion. Of the total 322 active companies, 162 closed in negative and 135 in positive while the value of 25 stocks remained unchanged.On Thursday PTCL was the volume leader with 14.554 million shares and gained Re 0.27 to close at Rs 18.83. Nishat Mills surged by Rs 1.04 to close at Rs 58.49 with 14.255 million shares. Dewan Salman closed at Rs 2.42 with 11.800 million shares. World Call Telecom closed at the previous day’s level of Rs 2.94.Telecard Limited up by Re 0.09 to close at Rs 3.20 with 5.701m shares. Kot Addu Power Co lost Re 0.10 to close at Rs 48.00 with 5.509m shares. Engro Foods declined by Rs 2.32 to close at Rs 69.47 with 5.155m shares. Pace (Pak) Limited closed at Rs 3.49, down Re 0.13 with 4.988m shares.In the cement sector, DG Khan Cement and Lafarge Pakistan increased by Rs 1.29 and Re 0.14 to close at Rs 50.12 and Rs 5.43 with 8.410m shares and 6.219m shares respectively.Bata (Pak) and Indus Dyeing were the Thursday’s top gainers increased by Rs 39 and Rs 14.99 to close at Rs 989 and Rs 414.99 respectively while Island Textile and Pak Gum & Chemical were the top losers declining by Rs 13.92 and Rs 8.03 to close at Rs 306.08 and Rs 236.42 respectively.

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