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Tuesday, 5 February 2013

STOCK MARKET UPDATE:06.02.2013



STOCKS
Karachi Stocks Up 11.93 Points:
KARACHI, Feb 04: At the close of trading, the KSE-100 index was at 17278.16, up 11.93 points. 
 (Today Market is 81.02 Up@ 11.16 am)

February 4, 2013
5 TOP GAINERS  &  LOOSERS:

Bata (Pak)
Rs 15.01
Nestle Pakistan Ltd.
Rs (258.50)
Fazal Textile
Rs 13.51
Indus Dyeing
Rs (31.40)
Exide (PAK)
Rs 11.54
Wyeth Pak Limited
Rs (15.00)
Atlas Honda Ltd
Rs 7.88
Millat Tractors Ltd.
Rs (9.84)
Philip Morris Pak.
Rs 7.84
Siemens Pakistan XD
Rs (4.56)
KSE closes higher, rupee weakens
KARACHI: Pakistan's stock market closed higher on Monday, with the telecommunications sector taking the lead as investors predicted earnings would be stronger than expected, traders said.
The Karachi Stock Exchange's (KSE) benchmark 100-share index ended 0.13 percent, or 21.84 points, higher at 17,288.07.
"(The) Telecom sector remained in the limelight as investors expect December quarter earnings will be better due to an increase in international call rates," said a dealer.
Telecard rose 24.38 percent to 4.54 rupees.
Pakistan Telecommunication Corporation rose 5.21 percent to 19.40 rupees.
In the currency market, the rupee ended weaker at 97.73/97.79 against the dollar, compared to Friday's close of 97.70/97.75.
Overnight rates in the money market remained flat at nine percent. (Reuters)


MOHAMMED SALEEM MANSOORI

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