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Bourse: KSE-100 index crosses 51,000 barrier!

SANA MAHMOOD

KARACHI: With Commercial Banking and auto stocks leading volumes KSE-100 index gained 137 points to shatter the 51K barrier and closed at 51,073.

Rs. 17.4 billion worth of 191 million shares were traded  and of the traded stocks of 397 companies 14 remained unchanged, 172 gained while the remaining declined.

Today’s top five leaders were: TRG Pak Ltd, 36m shares (+2.90pc); K-Electric Ltd., 21.5m shares (-1.39pc); Engro Polymer, 16.4m shares (-1.42pc); Aisha Steel Mill, 14.1m shares (-1.06pc); Bank of Punjab, 13.2m shares (-1.74pc).

 

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M M Alam

M. M. Alam is a Pakistan-based working journalist since 1981. Karachi University faculty gold medalist Alam began his career four decades ago by writing for Dawn, Pakistan’s highest circulating English daily. He has worked for region’s leading publications, global aviation periodicals including Rotors (of USA) and vetted New York Times as permanent employee of daily Express Tribune. Alam regularly covers international aviation and defense-related events including Salon Du Bourget (France), Farnborough (United Kingdom), Dubai (UAE). Alam has reported thousands of events and interviewed hundreds of people in Pakistan, UAE, EU, UK and USA. Being Francophone Alam also coordinates with a number of French publications.