KARACHI - Profit taking was witnessed in selected stocks across the board, with falling global commodities and stocks impacting the sentiments.
The benchmark KSE 100-share index shed 30.34 points or 0.13 per cent to close the day at 23284.81 points as compared to 23315.15 points of the previous day.
An expert said rupee sliding against US dollar and limited foreign interest played a catalyst role in bearish activity at KSE despite support in oil, cement and textile stocks on expectation of strong earning announcements.
KSE allshare-index decreased by 33 .46 points or 0.20 per cent to end the day at 16555.31 points, KSE 30-share index lost 27.26 points or 0.15 per cent to conclude the day at 18152.24 points while KMI 30-share index went down by 196.40 points or 0.48 percent to conclude the session at 40755.33 points.
Market traded 202.237 million shares on Tuesday after opening at 249.211 million shares and the value of traded shares reduced to Rs 10.275 from Rs 10.435 billion. The capitalization of equity market maintained at Rs 5.691 trillion as compared to Rs 5.703 trillion of the previous day.
Trading took place in 354 companies where losers outnumbered the gainers by 195 to 136 while the values of 23 stocks remained intact. Wyeth Pak Limited and Siemens Pakistan were the biggest price gainers of the day, up by Rs 44.27 to Rs 1750 and Rs 43.14 to Rs 906.13. Downhill trend was led by Dreamworld, decreased by Rs 11.70 to Rs 222.30, followed by Attock Refinery, down by Rs 9.88 to Rs 262.93.
Fauji Cement was the top traded company of the day with 34.205 million shares as it closed at Rs 16.17 after opening at Rs 16.83. Maple Leaf Cement was on the second position with 17.459 million shares, off by Rs 1.61 to Rs 30.62. It was followed by National Bank with 16.954 million shares, up by Rs 2.76 to Rs 57.97, BOP with 12.671 million shares, grew by Re 0.24 to Rs 13.63, and Lafarge Pak with 5.689 million shares, shed Re 0.42 to Rs 10.32.