RECORDER REPORT: KSE close of day

KARACHI: After witnessing a bull run during the seven trading sessions, the investors on Tuesday opted for profit taking on available margins and the KSE-100 index closed at 11,991.38 level, down 46.28 points.

Profit taking was seen mainly by local investors and institutions; however foreign investors were net buyers of shares worth $4.72 million including $4.21 million off-market buying.

The market witnessed a mixed trend throughout the session with the index oscillating between 12,097.93 points intra-day high and 11,965.60 points intra-day low level.

Trading activities also remained low as the volumes at ready counter declined to 200.055 million shares as compared to 230.138 million shares traded on Monday.

Total market capitalization declined by Rs 10 billion to stand at Rs 3.113 trillion. Of the total 370 active scrips, 131 closed in negative and 126 in positive while the value of 113 stocks remained unchanged.

Jahangir Siddiqui Co was the volume leader with 30.339 million shares and gained Re 0.12 to close at Rs 6.61.