FP Staff Report
KARACHI: Trading activity remained flat at the Karachi Stock Exchange (KSE) on Thursday's session in which KSE 100 Index was unable to score much as it suspended its activity with marginal appreciation of 27.51 points to close at 9762.89 points in low share turnover of 43.817 million.
Opening with green numbers, the KSE-100 Index remained in the positive zone almost all day but investors remained cautious and some activity was witnessed in energy and cement sectors, dealers said.
Out of a total of 337 companies traded on Thursday, 166 companies advanced and 142 companies declined while the rest of 29 companies remained intact.
The benchmark KSE 100 Index commenced from 9735.38 points and closed with net positive change of 27.51 points or 0.28 percent at 9762.89 points. During intraday, the index went up to 9832.23 points and down to 9721.03 points.
KSE 30 Index closed with net negative change of 5.38 points or 0.06 percent at 9636.05 points; KSE All Shares Index improved by 20.08 points or 0.30 percent to close at 6818.40 points and KMI 30 Index ascended by 21.86 points or 0.14 percent to halt at 15133.52 points.
Share turnover shrank further by 8.431 million to close at 43.817 million as compared to 52.248 million of the previous session while market capital improved by Rs8.038 billion to close at Rs2728.800 billion against Rs2720.762 billion.
Rafhan Maize Product and Nestle Pakistan were top price advancers of the session as Rafhan Maize Product improved by Rs62.00 to close at Rs1312.00 while Nestle Pakistan appreciated by Rs38.28 to close at Rs1797.06.
Indus Dyeing and Hinopak Motor were top price losers of the session as Indus Dyeing depreciated by Rs8.17 to close at Rs230.83 while Hinopak Motor descended by Rs4.84 to close at Rs112.16.
The list of five most active companies of Thursday's session displayed Hub Power Company on top, followed by Jahangir Siddiqui Company, D. G. Khan Cement, Lotte Pakistan and Lucky Cement with share turnover of 4.278 million, 4.271 million, 4.196 million, 2.479 million and 1.966 million respectively.
Hub Power Company improved by Rs0.14 to close at Rs36.76; Jahangir Siddiqui Company appreciated by Rs0.07 to close at Rs10.05; D. G. Khan Cement remained unchanged to close at Rs25.40; Lotte Pakistan incremented by Rs0.07 to close at Rs8.29; and Lucky Cement closed with net negative change of Rs0.32 at Rs68.65.