FP Staff Report
KARACHI: The Karachi Stock Exchange (KSE) Monday recorded a marginal appreciation of 0.26 points to close at 9183.14 points in improved share turnover of 4,57,100 shares.
Investors continued to wait for the decision on removal of floor and announcement regarding availability of Rs20 billion Market Support Fund, despite assurance given by Shaukat Tarin on Saturday that they will be announcing the 20 billion rupees market support fund in the next couple of days.
The Karachi Stock Exchange has remained idle since the imposition of floor mechanism on August 28, when KSE authorities decided to freeze the main index at 9144 level to save investors from further losses.
During Monday's session, KSE 30 Index and KMI 30 Index remained unchanged by staying at 10003.99 points and 11224.18 points respectively.
KSE All Shares Index recorded a slight appreciation of 0.14 points to close at 6639.10 points.
Out of a total of 37 companies, only 12 companies advanced and 1 companies declined while the rest of 24 companies remained unchanged.

Improved share turnover of 4,57,100 shares was seen at the Exchange on Monday against 2,23,400 shares of the previous session and improved market capital of Rs2829.636 billion was also recorded as compared to Rs2829.576 billion.
Siemens Pakistan and Pak Datacom were top price advancers of the session as Siemens Pakistan appreciated by Rs8.57 to close at Rs1218.57 while Pak Datacom increased by Rs2.21 to close at Rs46.41.
Gharibwal Cement and PTCLA were top price losers of the session as Gharibwal Cement depreciated by Rs0.35 to close at Rs17.64 while PTCLA declined by Rs0.00 to close at Rs31.50.
Pace Pak Limited, Standard Chartered Mod, Southern Electric, Pak Datacom and Gharibwal Cement were top five performers of Monday's session with share turnover of 1,50,000 shares, 1,08,000 shares, 68,000 shares, 31,400 shares and 19,500 shares respectively.
Pace Pak Limited, Standard Chartered Mod, Southern Electric remained intact by staying at Rs19.24, Rs8.60 and Rs3.60 respectively while Pak Datacom appreciated by Rs2.21 to close at Rs46.41 and Gharibwal Cement declined by Rs0.35 to close at Rs17.64.