KSE opens with negative column but closes flat

LAHORE - Karachi Stock Exchange (KSE) though open with a negative column but the benchmark index remained unchanged and closed at 9,182.88 points on Friday. Only 26 companies traded in the bourse in which four got advance whereas seven companies dipped while rest of the 15 cos remained unchanged. The LSE-25 bench mark dipped down to 0.68 points further.
KSE-100 opened today morning in the negative column and remained under pressure throughout the day.
The turnover at the local bourse stood at 279,600 and the highest trading today was seen in the scrips of Trust Modaraba with a volume of 100,500 shares whose share remained unchanged at Re1.35 followed by United Bank whose volume remained 75,000 closed at Rs 68.25 with no change. 1st Fid Leasing volume was 13,500 closed at Rs 4.15 but it dipped to Re 0.05. While Al-Zamin Leasing shares were exchanged up to 11,500 closed at Rs 2.20 with no change. Zeal Pak and Unicap Mod volumes were remain 10,000 each closed at Re 1.60 and Re 0.40 respectively with witnessing no change in both scrips. While Shifa Int. Hospital and Gharibwal Cement remained in negative column shedding Re 1.08 and Re 0.32 closed at Rs 20.58 and Rs 17.23 with volumes of 7,500 each respectively. Pakistan Cement and Arif Habib Bank remained unchanged closed at Rs 4.90 and Rs 10.85 with volume of 5,000 shares each respectively. However, National Assets gained Re 0.02 closed at Re 0.45 with volume 5,000 shares. Flying Cement remained unchanged closed at Rs 4.32 with volume of 5,000 shares. UDL Mod also gained Re 0.05 closed at Rs 3.10 with volume 4,000 shares. Southern Electric, Sitara Energy, Pak Datacom and Habib ADM Ltd remained in negative columns shedding Re 0.12, Re 0.82, Rs 2.00 and Re 0.01 closed at Rs 3.60, Rs 19.18, Rs 44.50 and Rs 8.77 with volumes of 4,000, 3,500, 3,000 and 2,500 respectively.