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Index higher by more than 100 points in first session

Dawn.com Published May 4, 2012
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KARACHI: After Thursday’s bull rally, The KSE-100 benchmark index rose by 101.95 points before Friday’s prayer break. Traded volume stood over 194.5 million shares, with a value of Rs6.152 billion.

The All-share, KSE-30, and KMI-30 indices rose by 67.17 points, 117.21 points, and 167.56 points respectively.

The outright volume leader in the first session was PTCL, with over 35.8 million shares trades and Rs0.75 rise in share price.

Other significant scripts were DG Khan Cement, Worldcall Telecom, Jahangir Siddiqi, and Lotte PTA, with volumes of 11.67 million, 11.64 million, 11.4 million, and 9.54 million shares respectively.

Significant gainers were MCB Bank, which rose by Rs3.67 with a traded volume of 1.7 million shares. Engro foods rose Rs2.82 with over 7 million shares traded. Fauji Fertilizer rose by Rs2.38 with over 4.5 million shares traded, and Pakistan Petroleum Limited rose by Rs1.84 with over 2.5 million shares traded.

Overall, 178 shares advanced, 149 declined, and 19 remained unchanged.

While most sectors were mixed, oil and gas, textiles and steel sectors were seen largely in the green.

The second session of the market will commence at 1430 hours post-Friday prayers.

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