KSE-100 Index Sheds Another 36 Points On Third Day Of The Week

Faizan Hashmi Published January 18, 2017 | 07:20 PM

KARACHI, (UrduPoint / Pakistan Point News - 18th Jan, 2017 ) : Trading began on a positive note at the pakistan stock exchange (psx) on Wednesday, as the KSE-100 moved up to 48971.09 points. However, investors, later in the day, opted to profit-taking, pushing the index down to 48502.43 points.

But the index managed to recover and closed slightly down at 48642.21 points, shedding 36.44 points. While the KSE-30 Index dropped by 152.95 points and closed at 26186.92 points. Similarly KSE-All Shares Index moved down by 0.86 point and closed at 33339.09 points.

The shares of 427 companies were traded, in which the share values of 214 companies went up and that of 192 went down, while the share value of 21 companies remained unchanged. The market capital decreased by Rs.

44.014 million, and trading value dropped by Rs.

467.280 million as compared to the previous trading day, and the turnover decreased by 49.028 million shares and stood at 330624440. The highest activity was recorded in the share value of Pak Tobacco which gained Rs.

63.05 and closed at Rs.1325.85 and Ghandhara Industries accumulated Rs. 51.32 to its share value and closed at Rs.1077.78, while the highest decrease was recorded in the share value of Sanofi-Aventis which lost Rs.

45.50 and closed at Rs.2722.00, and Service Industries Ltd. dropped by Rs. 33.95 and closed at Rs. 1506.30. In future trading, the share value of 124 companies increased, and that of 23 companies decreased, while the share value of one company remained unchanged. A total 49.845 million shares were traded.