Sunday, May 3, 2009

Stock market


The turnover volume stood at 272.941 million shares as prices of 290 scrips recorded gains while 54 sustained losses and seven remained unchanged.



A dealer at a leading brokerage house said that market was bullish since morning on hectic buying. Bulls were in total control in both the sessions and they drove the bears out from the market at the weekend.



The market capitalisation improved by about Rs 90.011 billion to Rs 2.290 trillion.



KESC was the volume leader with a turnover of 16.958 million shares followed by NIB Bank 16.732 million shares, NBP 13.416 million shares, Bank of Punjab 13.089 million shares and Pervez Ahmed 12.766 million shares.



Bank Al-Falah closed at 14.73, NBP 101.30, NIB Bank 6.53, DG Khan Cement 26.50, KESC 3.73, Jahangir Siddiqui Co 38.30, Bank of Punjab 15.75 and Pak PTA 3.17.


Wyeth Pak recorded the highest gain of Rs 43 to close at 1494 followed by Bata Pak which went up by Rs 31.99 to 826.99 while Unilever Pak dipped by Rs 14.80 to 1815.20 and Hinopak Motors went down by Rs 9.87 to 187.54.

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