KARACHI: Mounting selling pressure trimmed values of leading scrips at Karachi Stock Exchange (KSE) Tuesday as 100-Index plunged by 174.08 points to close at 8,762.40, dealers said.
    
A dealer said that market   opened on a positive note, but slipped  on to selling pressure within half an hour. The selling pressure, mostly from institutions, continued till the close of trading, he added.
    
The turnover volume was the lowest at 77.9690 million in the last one year as 277 scrips sustained losses and 93 advanced while 15 remained unchanged.
    
The market capitalisation eroded by Rs51.02 billion to Rs2.537 trillion.
    
Jahangir Siddiqui Co was the volume leader with a turnover of 5.675 million shares followed by Nishat Mills 4.440 million shares, Pak PTA 4.098 million shares, Arif Habib Sec 4.045 million shares and Bosicor Pak 3.144 million shares.
    
Nishat Mills closed at Rs56.47, Jahangir Siddiqui Rs28.01, Arif Habib Sec Rs46.01, OGDC Rs102.08, Adamjee Insurance Rs112.59 and Lucky Cement Rs59.32.
    
Rafhan Maize recorded the highest increase of Rs75 to Rs1,650 followed by Wyeth Pak which moved up by Rs59 to Rs1,314 while Siemens Pak dipped by Rs69.17 to Rs1,325.31 and Nestle Pak went down by Rs44.49 toRs1,180.01.—APP

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