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PSX: Bears color the bourse red as bulls getaway after a day’s reign!

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KARACHI: Bourse that turned green on the first trading day following  Eid-ul-Azha holidays, turned bearish today causing bench mark KSE-100 index go down by 0.93% closing at 41,390 points.

Overall Rs. 8.6b worth of 147.82 m shares changed hands. Value of shares of 94 companies augmented, 245 plummet while 19 remained stagnant.  

Commercial Banks, Technology and Engineering Sectors dominated the day’s trading with 32.7m shares, 17.4m shares and 15.3m shares respectively.

Top five traders today were:TRG Pak Ltd., 16.0m shares (+0.27pc); JS Bank Ltd., 12.5m shares (-1.21pc); Aisha Steel Mills, 8.3m shares (-2.45pc); Habib Metropolitan,  6.5m shares (-3.03pc); Habib BankXD, 5.8m shares (-4.99pc).

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PSX: Bulls shoo the bears out of bourse on week’s 4th trading day!

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KARACHI: News that Senate elections are going to be held on time despite disqualification of ousted prime minister Nawaz Sharif, enabled bulls shoo the bulls off letting KSE-100 Index close at 43,528 with an escalation of 609 points.

Rs. 9b worth of 190m shares were traded today. Value of the shares of 208 companies augmented, 123 plummeted, while 15 remained stagnant.  Engineering, Cement and Chemical Sectors led the trade today with 27m, 26.6m and 18.4m shares.

Top five traders today were Dost Steels Ltd., 19.36m shares (+3.78pc); Azgard Nine, 16.2m shares (-3.09pc); Lotte Chemical,  10.2m shares (+1.93pc); Fauji Foods Ltd., 7.3m shares (-2.84pc); Matco Foods Ltd., 6.8m shares (+1.08pc).

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PSX: US motion to put Pakistan on a terror financing watch-list lets bears growl all over the bourse!

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KARACHI: Due to domestic political noise alongwith intimation that Pakistan has been given a three-month let-off by an international watchdog over a US-led motion to put the country on a terror-financing watch allowed bear bleed the bourse red that closed at 42,920 shedding 375 points.

Rs. 8.5b worth of 188m shares were traded today. Value of the shares of 177 companies plummeted, 154 augmented, while 18 remained stagnant.

Cement, Chemicals, Food & Personal Care Products Sectors led the trade today with 19.7m, 18.9m and 18.7m shares respectively.

Today’s top five traders of shares were: Azgard Nine Ltd., 15.3m shares (-5.22pc); Lotte Chemical Ltd., 9.5m shares (+1.38pc); TRG Pak Ltd., 9.3m shares (+1.35pc); Dost Steels Ltd: 8.4m shares (+3.18pc); Matco Foods Ltd., 8.1m shares (+5.00pc).

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PSX: Benchmark KSE-100 Index sheds 54 points on week’s 1st trading day!

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KARACHI: The looming specter of FATF meeting in Paris that could result in putting Pakistan on a watch-list enabled bear growl all over the bourse on week’s first trading day.

With a loss of 54 points, benchmark KSE-100 Index closed at 43,573. Rs. 5.1b worth of 126.9m shares were traded today. Value of the shares of 193 companies augmented, 140 plummeted, while 26 remained stagnant.

Food/Personal Care Products, Cement & Communication Sectors led the trading with 19.3m, 14.9m and 12.2m shares respectively. Top five traders of shares today were: Fauji Foods Ltd., 9.8m shares (+4.97pc); TRG Pak Ltd., 7.5m shares (-2.94pc); Matco Foods Ltd., 6.8m shares (+3.19pc); Dewan Salman, 6.6m shares (+3.53pc); Dewan Cement, 5.9m shares (-2.85pc).

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