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Weekly Karachi Stock Market Report (From Sep 8, 2014 to Sep 12 ,2014)

KSEKarachi stock exchange showed a very good performance this week,as KSE-100 index closed at 30044 points as compared to last week closure at 29513 points. KSE-100 index rose by 531 points which is 1.8 % rise in its overall market value.The main reason for this upward movement was investment in cement and health sector by the stock traders. We saw aggressive buying in the cement sector with lucky cement at the top with share volume of 745000 shares in the week.

Following are the main gainers and losers in this week .

 

Top 5 gainers

Top 10 Gainers
Company Rate *
Open Close Diff High Low Avg.
Gillete Pakistan Ltd [192,000,000] 400.00 410.40 19.54 410.40 399.00 400.03 1,200
National Foods Ltd [518,042,000] 690.00 708.75 16.75 720.00 690.00 714.75 14,350
Millat Tractors Ltd [442,925,000] 505.00 519.03 13.74 521.49 502.10 513.78 83,700
Siemens (Pakistan) Engineering Co Ltd [82,470,000] 1,079.00 1,080.00 12.50 1,080.00 1,070.00 1,079.29 420
Al-Ghazi Tractors Ltd [289,820,000] 279.00 285.67 8.56 286.76 275.00 281.42 62,100
Shifa International Hospitals Ltd [505,138,000] 169.00 169.29 8.06 169.29 164.00 168.58 507,800
Lucky Cement Ltd [3,233,750,000] 382.50 389.78 7.25 390.99 380.75 388.04 745,300
Hum Network Limited [700,000,000] 140.00 145.00 6.90 145.00 136.52 142.64 94,100
GlaxoSmithKline [3,184,672,000] 172.40 179.01 6.69 179.98 171.00 176.26 1,565,300
Exide Pakistan Ltd [77,686,000] 892.80 898.96 6.66 905.00 890.00 898.20 7,500

 

Top 5 losers

Top 10 Losers
Company Rate *
Open Close Diff High Low Avg.
Unilever Pakistan Food Limited [61,576,000] 8,510.00 8,510.00 -280.00 8,510.00 8,510.00 8,510.00 20
Colgate Palmolive (Pakistan) Ltd [479,549,000] 1,600.00 1,520.00 -79.99 1,600.00 1,520.00 1,532.67 300
Pakistan Tobacco Co Ltd [2,554,938,000] 1,000.00 993.81 -51.21 1,000.00 992.77 993.91 620
Island Textile Mills Ltd [5,000,000] 976.00 884.00 -46.00 976.50 883.50 914.67 300
Nestle Pakistan [453,496,000] 7,700.00 7,700.00 -36.67 7,700.00 7,680.00 7,695.00 120
Bhanero Textile Mills Ltd [30,000,000] 473.82 473.82 -24.93 473.82 473.82 473.82 250
Atlas Battery Ltd [173,996,000] 521.00 508.12 -20.61 521.00 502.30 510.32 9,200
Mitchells Fruits Farms Ltd [63,000,000] 572.00 553.57 -17.48 580.00 546.00 568.38 3,550
Ferozsons (Laboratories) Ltd [301,868,000] 318.00 301.59 -15.29 321.01 301.04 307.79 102,400
Hino Pak Motors Ltd [124,006,000] 580.00 566.65 -13.81 585.00 565.00 574.95 5,500

Investors were expecting much more rise in  the Karachi Stock Market,but due to political instability,floods and bad governance of the government investors are still confused about the future of the country and its economy. So government must act sensibly and solve this crisis by taking whole nation into confidence.

 

 

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About Emaad Qureshi