STOCK:
Karachi Stocks Up 54.67 Points:
KARACHI, Nov 16: At the close of trading, the KSE-100 index was at 16,197.74, up 54.67 points.
KARACHI, Nov 16: At the close of trading, the KSE-100 index was at 16,197.74, up 54.67 points.
(Today
Market is 4.61 Up @ 12.06 Pm)
November 16, 2012
5 TOP GAINERS & LOOSERS:
|
Island Textile
|
Rs29.68
|
Bata Pak
|
Rs (67.12)
|
|
Sanofi Aventis
|
Rs 9.00
|
Mitchells Fruit
|
Rs (15.50)
|
|
Sapphire Textile
|
Rs 8.65
|
IGI Insurance
|
Rs (7.40)
|
|
Tri-Pack Ltd
|
Rs 8.21
|
Attock Refinery
|
Rs (4.04)
|
|
Pak Services
|
Rs 5.30
|
Attock Cement
|
Rs (3.81)
|
KSE up on selective buying in bluechips
KARACHI: Stocks closed higher on Friday led by selected bluechip stocks
in textile, oil, cement and banking.Consolidation continued amid hopes for further cut in the State bank of Pakistan policy rate amid falling inflation.
Investors also bet on the resumption of gas supplies to the fertilizer sector, a trader said.
The Karachi Stock Exchange (KSE) benchmark 100-share index ended 0.34 percent, or 54.67 points, higher at 16,197.74.
Fauji Cement fell 1.46 percent, or 0.1 rupees, to 6.73 per share, while Byco Petroleum was down 2.58 percent, or 0.25 rupees, to 9.45 per share. (Reuters)
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