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Sunday, 18 November 2012

STOCK MARKET UPDATE: 19.11.2012



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. 
(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)
MOHAMMED SALEEM MANSOORI

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