KARACHI - Record earning announcement by UBL and renewed foreign interest in blue chip stocks played a catalyst role in bullish sentiments in stocks across the board at KSE despite concerns for $4.51b current account deficit and downgrade of blue chip banks deposit ratings by Moodys, analyst observed here on Wednesday.At local equity market benchmark KSE-100 share index added 151.31 points or 1.05 percent to stop the day’s trading at 14,596.59 points as compared to 14,445.28 points of the previous day. Equity dealer at Topline securities Samar Iqbal said continuous net foreign buying coupled with excellent corporate results by UBL and Hubco helped market to close near 14,600 level after a gap of 10 weeks. Interestingly volumes also increased mainly led by JSCL and DGKC. OGDC contributed 52 points to the index as its shares price rose by Rs.2.70.KSE-Allshare index gained 108.77 points or 1.07 percent to finish the trading session at 10,266.71 points, KSE-30 share index augmented 130.64 points or 1.04 percent to close the day at 12,665.22 points while KMI-30 share index posted fresh gain of 200.28 points or 0.80 percent to end the day at 25,118.73 points. Market traded 167.985 million shares as compared to the 105.343 million shares of a day earlier and the value of traded shares was jumped to Rs 5.444 billion from Rs 4.017 billion. The capitalisation of stock market settled at Rs 3.724 trillion after opening at Rs 3.685 trillion. Business took place in 364 companies where gainers held a strong lead over the losers 198 to 83 while the values of 83 companies remained intact. UniLever Pak and Unilever Food were biggest price gainers of the day higher by Rs 124.25 to Rs 7,280.25 and Rs 88.48 to Rs 2,840.98. Akzo Nobel Pak and Phillip Morris Pak were the top losers of the day decreased by Rs 5.61 to Rs 106.78 and Rs 4.49 to Rs 143.52. Active list was again topped by JS.Co with 17.644 million shares added Re 1 to close at Rs 15.66. Dera Ghazi Khan Cement was on the second position with 12.464 million shares up by Re 0.76 to Rs 45.68. It was followed by Azgard Nine with 12.181 million shares increased by Re 0.53 to lock at Rs 7.22, Hub Power Company with 6.926 million shares added Re 0.17 to stop at Rs 43.80 and Fauji Cement with 6.751 million shares higher by Re 0.24 to conclude at Rs 6.09.






