Follow by Email

Thursday, 21 March 2013

STOCK MARKET UPDATE: 22.03.2013



STOCKS
Karachi Stocks Up 159.24 Points:
KARACHI, Mar 21: At the close of trading, the KSE-100 index was at 17913.21, up 159.24 points. 
 (Today Market is 32.28 Up@ 10.31 am)
March 20, 2013
 5 TOP GAINERS  &  LOOSERS:

Rafhan Maize
Rs 91.50
UniLever Pak
Rs (208.50)
National Foods
Rs 10.28
Colgate Palmolive
Rs (91.60)
Philip Morris Pak
Rs 10.20
PIA
Rs (17.22)
Engro Corporation
Rs 5.66
Wyeth Pakistan
Rs (10.00)
Faisal Spinning
Rs 4.69
Clariant Pakistan
Rs (6.80)

Pakistani stocks rise on support from local, foreign investors
KARACHI: Pakistan’s stock market closed higher on Thursday, with continuous support from local and foreign investors keeping the market up.
Renewed buying interest was seen in cement stocks amid hopes of better results in the March quarter.
Heavy weight Oil and Gas Development Company Ltd and Engro Corporation also remained on the investors’ radar, dealer Samar Iqbal at Topline Securities said.
Karachi Stock Exchange’s (KSE) benchmark 100-share index ended 0.90 per cent, or 159.65 points, higher at 17,913.62 points.
Engro Corporation rose 3.31 per cent to 130.80 rupees and Oil and Gas Development Company Ltd rose 1.96 per cent to 204 rupees.
In the currency market, the rupee ended steady at 98.15/98.21 against the dollar, compared to Wednesday’s close of 98.15/98.20.
Overnight rates in the money market rose to 9.10 per cent from Thursday’s close of 9 per cent.
MOHAMMED SALEEM MANSOORI

No comments:

Post a Comment