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Friday, November 20, 2009

Index Crosses 9,300 Points On Buying Pressure

The market was bullish since the opening and surged by 100 points on hectic buying in the first session, said dealers. The 100-Index touched 9,380 points in the second session, but slipped on profit taking. 
     
The turnover volume was high at 140.320 million shares as 193 scrips advanced and 161 sustained  while 18 remained unchanged.
     
The market capitalization also improved by Rs15 billion to Rs2.686 trillion.
     
Bank Al-Falah was the volume leader with a turnover of 33.465 million shares followed by PTCL 10.476 million shares, Pak PTA 6.785 million shares, OGDC 6.417 million shares and Pace Ltd 6.337 million shares.
      
Engro Chemical closed at Rs181.29, Nishat Chunian Rs16.20, PTCL Rs18.22, Arif Habib Sec Rs47.78, OGDC Rs110.98, Pak PTA Rs7.62, Adamjee Insurance Rs121.65 and Nishat Mills Rs66.49.
     

Siemens Pak recorded the highest increase of Rs52.48 to Rs1,307.48 followed by Pak Engg which moved up by Rs14 to Rs314 while Bata Pak dipped by Rs44 to Rs981 and Wyeth Pak went down by Rs21 to Rs1,250.—APP 

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