Stock market moves with increased volatility

LAHORE - The stock market on Friday moved with increased volatility across the dividing line in a range of 497.93 points, touching 11,919.00 points low and 12,416.93 points high and the recovery, initiated last day, failed to extend itself and market against general perceptions opened with 47.52 points negative. The KSE 100-index after fluctuating around the dividing line finally closed at 12,130.51 level, down by 104.54 points.

Out of 318 traded scrips 167 closed with plus and 134 with minus signs while 17 scrips kept last rates. Volumes improved further and 226.041 million shares were traded. NIB bank took top position in volumes leaders with traded volumes of 17.150 million shares.