Sunday 17 June 2012

STOCK MARKET UPDATE: 18.06.2012







STOCK:


Karachi Stocks Up 126.3 Points:
KARACHI, June 18: The KSE-100 index was at 13791.10, up 126.30 points. (today 11.16am)
June 15, 2012
5 TOP GAINERS  &  LOOSERS:

Nestle Pak
Rs 58.57
UniLever Pak
Rs (128.33)
Siemens Pak
Rs 20.89
Rafhan Maize
Rs (110.24)
Wyeth Pak
Rs 11.47
Unilever Food
Rs (92.29)
Island Textile
Rs 9.28
Colgate Palmolive
Rs (24.00)
Philip Morris
Rs 5.19
Mithchells Fruit
Rs (17.21)

Pakistani stocks flat; rupee firms; o/n rate up
ISLAMABAD: Pakistan’s main stock market ended flat on Friday and in lower volume on investor caution following heavier selling on Thursday, dealers said.
The Karachi Stock Exchange benchmark 100-share index rose 0.01 per cent, or 1.68 points, to close at 13,657.88 points on volume of 75.8 million shares.
“After $7.4 million selling (by foreign investors) on Thursday, investors remained cautious ahead of the weekend,” said Samar Iqbal, a dealer at Topline Securities.
The Pakistani rupee firmed to close at 94.13/18 against the dollar compared to 94.22/28 on Thursday.
Overnight rates in the money market rose to 11.90 per cent from 10.5 per cent on Thursday amid decreased liquidity.

MOHAMMED SALEEM MANSOORI

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