KSE Indices Witness Mixed Performance Amid Active Trading

Karachi: The Karachi Stock Exchange (KSE) observed a mixed performance with the KSE-30 index increasing by 40.51 points, closing at 19,028.67, while the KSE-100 index rose by 142.35 points, settling at 56,665.93. The KSE-Allshare index showed a gain of 153.09 points, ending at 37,542.85. The KMI-30 index increased by 741.96 points, closing at 97,087.93, while the BATi index and OGTi index saw a decline of 134.35 and an increase of 231.21 points respectively.

The market witnessed active trading, with a turnover of 526,356,508 shares, valued at PKR 19,539,618,304. This trading volume marked a decrease compared to the previous day's turnover of 660,649,520 shares worth PKR 22,409,259,435. The market capital stood at PKR 8,115,613,062,923.

Significant turnover was observed in companies like Pak Refinery, Cnergyico PK, WorldCall Telecom, Maple Leaf, and Unity Foods Ltd, with Pak Refinery leading the turnover with 44,488,016 shares traded. Dewan Cement showed the highest increase in share price, closing at 6.90 PKR, while notable decreases were seen in Faisal Spinning and Al-Abbas Sugar, with closing rates of 371.85 PKR and 495.00 PKR respectively.

The future contracts segment was also active, with significant trading in PRL-NOV, CNERGY-NOV, UNITY-NOV, TRG-NOV, and SEARL-NOV. PRL-NOV topped the future contracts turnover with 21,679,000 shares traded.