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Tuesday, 25 December 2012

STOCK MARKET UPDATE: 26.12.2012



STOCKS
Karachi Stocks Up 27.86 Points:
KARACHI, Dec 24: At the close of trading, the KSE-100 index was at 16893.20, up 27.86 points.

(Today Market is 24.38 UP@ 12.18 pm)


December 24, 2012
 5 TOP GAINERS  &  LOOSERS:

UniLever Pak
Rs 50.00
Unilever Food
Rs (100.00)
Sanofi-Aventis
Rs 15.00
Bata (Pak)
Rs (39.00)
Atlas Battery
Rs 5.80
PICT
Rs (12.76)
Pak Oilfields
Rs 4.42
Service Industries
Rs (6.14)
Engro Foods Ltd
Rs 4.32
Linde Pak
Rs (3.40)
KSE 100-share index gains 26 points
KARACHI: The Karachi Stock Exchange's (KSE) benchmark100-share index ended 0.16 percent, or 26.60 points, higher at16,891.94.
Stocks closed higher on Monday as there was higher institutional support in index heavyweight stocks.
"TRG remained the volume leader. Interestingly Engro Foods due to some institutional support closed 5% up," said dealer at Topline Securities.
Stocks that ended positively included TRG Pakistan, which rose 4.16 percent, or 0.24 rupees, to 6.01 per share and Engro Foods, which was up 5 percent, or 4.59 rupees, to 96.48 per share.
Stocks that fell included Dewan Cement, down 3.27percent to 5.03 per share, and D.G.Khan Cement, which fell 0.39 percent to 54.25 per share.
In the currency market, the rupee ended at 97.48/97.55 against the dollar, compared to Friday's close of97.49/97.54.
Overnight rates in the money market remained flat at 9.40percent. (REUTERS)



MOHAMMED SALEEM MANSOORI

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