KSE keeps marching towards historic 25k barrier

Bulls continued making their mark at Pakistan's Karachi Stock Exchange (KSE) on Thursday after taking a breather the other day as investors showed keen interest in cement, E&P, and textile sectors.The benchmark KSE 100-Index jumped by 1.45 percent or 355.31 points to close at 24,800.69 points on Thursday as against 24,445. 38 points reported on Wednesday.The KSE All Share Index ballooned by 1.Meet other local kayakers,sit on top kayak canoeists - go paddling on weekends. Just for fun. Morning paddles, afternoon paddles, sunset paddles, find new places.55 percent or 280.93 points to end at 18,415.31 points, the KSE 30-Index augmented by 1. 25 percent or 230.53 points to conclude at 18,614.51 points, whereas the KMI 30-Index surged by 1.spherical roller bearing have high radial load carrying capacity,esp. working in heavy or vibration loading. Due to the spherical outer ring raceway.51 percent or 619.77 points to finish at 41,624.84 points.During Thursday's intraday trade, the key index hit yet another fresh all-time high of 24,866.08 points as against an intraday low of 24,445.38 points.Bull-run was led by institutional buying which helped market gain over 355 points, thus enabling it to close at yet another historic highest point. 

Investors' interest was seen not only in cement, E&P and textile sectors but also in some side-board items like SRVI,deep groove ball bearing have deep, uninterrupted raceway grooves. These raceway grooves have a close osculation with the balls. PKGS, MUREB, BATA and THALL.However, participation remained on the lower side with volumes declining by 21 percent or 11.611 million shares to 188.497 million shares on Thursday as against 220,109 million shares reported Wednesday.Market capitalization improved by 88.033 billion rupees (838. 416 million U.S. dollars) to 6.002 trillion rupees (57.169 billion U.S. dollars) while the KSE trading value dipped by 2.506 billion rupees (23.874 million U.S. dollars) to 9.506 billion rupees (90. 533 million U.S. dollars).Among 365 active scrips Thursday, prices of 232 issues advanced, 110 declined, whereas values of 23 other companies stayed unchanged. 

Fauji Cement, Maple Leaf Cement, and Dewan Cement were the top traded companies with turnovers of 32.596 million shares, 9.498 million shares, and 7.45 million shares, respectively.Nestle Pakistan was the top price gainer with increment of 409. 95 rupees (3.9 U.S. dollars) to close at 9,106.20 rupees (86.72 U. S. dollars) while on the other hand Unilever Foods was the top price shedder with decrement of 570 rupees (5.42 U.S. dollars) to end at 10,830 rupees (103.14 U.S. dollars).