Business Recorder

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 KARACHI: KSE-100 index on Thursday lost 50.01 points and closed at 12,213.24 level due to profit taking mainly by local investors.

The market witnessed a mixed trend throughout the session with the index oscillating between 12,316.41 points intra-day high and 12,180.36 points intra-day low level.

Trading activities also reduced as the volumes at ready counter declined to 139.144 million shares as compared to 243.295 million shares traded on Wednesday. Total market capitalization declined by Rs 12 billion to stand at Rs 3.182 trillion. Of the total 350 active scrips, 149 closed in negative and 108 in positive while the value of 93 scrips remained unchanged.

Azgard Nine was the volume leader with 20.887 million shares and gained Rs 0.20 to close at Rs 5.55. Fauji Cement inched up by Rs 0.12 to close at Rs 4.63 with 20.313 million shares. Lafarge Pakistan lost Rs 0.06 to close at Rs 2.26 with 8.085 million shares. DG Khan Cement increased by Rs 0.25 to close at Rs 24.89 with 6.149 million shares. Lucky Cement surged by Rs 2.29 to close at Rs 91.92 with 3.854 million shares.

Jahangir Siddiqui Co lost Rs 0.38 to close at Rs 7.80 with 18.667 million shares. WorldCall Telecom inched up by Rs 0.11 to close at Rs 1.45 with 4.040 million shares. JS Bank decreased by Rs 0.38 to close at Rs 3.47 with 3.769 million shares. Pace (Pak) Limited gained Rs 0.05 to close at Rs 1.65 with 3.236 million shares. Fatima Fertilizer Co lost Rs 0.21 to close at Rs 22.13 with 3.166 million shares.

Service Industries and Pak Int. Con were the highest gainers increasing by Rs 6.00 and Rs 4.74 to close at Rs 202.00 and Rs 99.55 respectively while Nestle Pakistan and PSO were the worst losers declining by Rs 79.73 and Rs 10.58 to close at Rs 3287.76 and Rs 252.79 respectively.


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