Home » Investing » Weekly Karachi Stock Market Report (From 25 August 2014 to 29 August 2014

Weekly Karachi Stock Market Report (From 25 August 2014 to 29 August 2014

 

 

KSECurrent political turmoil and anarchy has really affected the economy, so Karachi stock market is no different. The KSE-100 index decreased 1.1 percent from 28872 points  to  28568 points ,mainly due to bad political situation all around the country. The greatest gain was achieved by the KSE-100 for 793 points on Friday due to Army intervention for the solution of ongoing political crisis.

 

 

Following are the top trading companies for the week

 Top Ten

 

Top 10 Traded Companies
Company   Rate *  
Open Close Diff High Low  
K-Electric Limited [96,653,179,000] 7.63 7.71 1.00 7.71 7.41 7.65 22,589,500  
The Bank of Punjab Ltd [15,551,131,000] 8.11 8.06 0.15 8.39 7.92 8.16 14,540,500  
Lafarge Pakistan Cement Ltd [13,126,445,000] 15.49 15.48 0.38 15.69 15.10 15.48 10,874,000  
Pak Elektron Ltd [2,949,223,000] 30.00 29.39 0.63 30.19 28.96 29.67 8,852,000  
Maple Leaf Cement Factory Ltd [5,277,339,000] 26.70 26.61 1.14 26.74 25.75 26.60 7,514,000  
TRG Pakistan [3,853,907,000] 10.70 10.56 0.34 11.10 10.32 10.64 6,288,000  
Fauji Cement Co Ltd [13,311,158,000] 18.70 18.78 0.55 19.23 18.37 18.90 5,976,000  
Faysal Bank Ltd [9,273,508,000] 15.38 15.03 0.52 15.38 14.82 15.07 5,217,000  
Pakistan Petroleum Ltd. [19,717,156,000] 225.49 222.67 2.93 228.00 219.50 223.72 4,734,400  
Jahangir Siddiqui & Co Ltd [7,632,853,000] 8.19 8.27 0.34 8.55 8.00 8.34 4,575,50  
                   

 

Government should show seriousness to solve the political problem with dialogue and open mindness, so that it can easily achieve the financial and political objectives of the country.

 

 

 

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About Emaad Qureshi