KSE 100-Index plunges by 35.29 points to close at 5474.23
Pakistan Times Business & Commerce Desk

KARACHI: Bears run depressed prices of leading scrips at Karachi Stock Exchange (KSE) here Thursday as 100-Index plunged by 35.29 points to close at 5474.23, dealers said.

Turnover volume was estimated at 232.467 million shares as prices of 202 companies plummeted and 90 gained while 52 remained unchanged. The market capitalization totalled Rs 1.468 trillion, showing decline of Rs 9.689 billion.

A dealer said that selling pressure was continued since morning and lasted till the close. In between, some buying came in leading scrips like PSO, Bank of Punjab, PICIC, NBP, but the margins were reduced at the close.

Bank of Punjab was the volume leader with 64.709 million shares followed by NBP with 15.027 million shares, OGDC 14.995 million shares, D G Khan 13.579 million shares and PSO 12.519 million shares. PSO surged by 55 paisa to 269.55, OGDC lost 50 paisa to 66.85, Pak Oil Field lost Rs 1.90 to 212.50, Bank of Punjab gained Rs 2.15 to 66.60, PICIC surged by Rs 2.40 to 85.45, D G Khan Cement lost 70 paisa to 59.40, PTCL lost 15 paisa to 43.65, NBP lost 20 paisa to 71.30. Rafhan Maize remained the highest gainer with Rs 9 to 550 followed by Shezan Int Rs 5.90 to 93.90 while Fateh Textile continued its sliding with Rs 19 to 357.60 and JOV & Co lost Rs 13 to 645.●