Fresh buying at Karachi Stock Exchange contributed 61 points to the benchmark KSE-100 Index which closhed at 7863
The turnover volume was high at 213.669 million shares as prices of 232 scrips recorded gains while 182 sustained losses and 22 remained unchanged.
A dealer at a leading brokerage house said that the market was bullish since morning and jumped up by at least 100 points on hectic buying and Index crosses 7900 level. However, some profit taking eroded gains, trimming values and bringing back Index to 7800 level at the close.
The market capitalization was improved by about Rs 18.234 billion to Rs 2.315 trillion. Fauji Cement was the volume leader with a turnover of 16.322million shares followed by Jahangir Siddiqui Co with 14.279 million shares, Maple Leaf Cement 13.849 million shares, DG Khan Cement 11.153million shares and Azgard Nine 9.119 million shares.
PTCL closed at 17.82, D G Khan Cement 38.62, Bank Al-Falah11.93, Fauji Cement 8.19, OGDC 90.46, Jahangir Siddiqui 26.50, Maple Leaf Cement 5.82 and Adamjee Insurance 100.73.
Rafhan Maize recorded the highest gain of Rs 51.25 to close at1501.25 followed by Fateh Textile which moved up by Rs 24.58 to 516.34while Wyeth Pak dipped by Rs 13.60 to 1236.90 and Allawasaya went down by Rs 4.60 to 87.40.
