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PSX: Ongoing political noise did not allow bourse go beyond 40000!

KARACHI: Due to ongoing political noise Benchmark KSE-100 index closed at 39,673 with a puny little augmentation of 39 points.

Rs. 6.6b worth of 115m shares changed hands today. Value of the shares of 174 companies augmented, 140 plummeted, while 22 remained stagnant.

Today’s top five traders of shares were: TRG Pak Ltd., 17.1m shares (+4.68pc); K-Electric Ltd., 11.0m shares (+2.61pc); Azgard Nine, 10.1m shares (+5.16pc); Fauji Cement,  9.4m shares (+0.82pc); Engro Fertilizers, 4.8m shares (-0.02pc).

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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.