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KSE-100 index down over 214 points in mid-day trade

Muhammad Shayan Lakdawalla Published May 16, 2012
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KARACHI: The KSE-100 index lost 214.26 points in mid-day trade, displaying extremely bearish sentiments with the feeler of a large correction.

The All-share, KSE-30 and KMI-30 indices were down 147.13, 202.48 and 363.49 points respectively.

Traded volume was significantly low, with slightly over 93.5 million shares traded with a value of Rs3.42 billion.

DG Khan Cement is the most traded share, losing Rs1.85 over 12.34 million shares traded. Engro Foods lost Rs2.57 with over 11.9 million shares traded. Over 7.9 million PTCL shares and 6.2 million Jahangir Siddiqui shares were traded, the symbols losing Rs0.69 and Rs0.49 respectively.

Bankislami Pakistan gained Rs1.00 over 5.95 million shares traded.

Amongst the losers, Engro Corp and Lucky Cement lost Rs4.57 and Rs3.90 on over 2.8 million and 1.8 million shares traded respectively.

Overall, 73 symbols advanced, 240 declined, and 22 remained unchanged.

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