ID :
190497
Wed, 06/22/2011 - 16:39
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http://m.oananews.org//node/190497
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Taurus Securities Limited market overview
The market staged a modest recovery on Tuesday on the back of buying activity in oil stocks such as POL and OGDC and stock switching within the fertilizer sector from ENGRO to FFC due to the gas supply issue.
According to Taurus Securities Limited, the KSE-100 Index surged by 160 points to end the day at 12,326 on the back of 68m shares traded. Most of the activity was concentrated in the Chemicals, Construction & materials, Oil & gas and Banking sectors. The top gainers according to Index points were OGDC, NESTLE and FFC; likewise the top decliners were PPL, IBFL and PAKT.
Taurus Securities Limited advises investors to hold onto their positions
According to Taurus Securities Limited, the KSE-100 Index surged by 160 points to end the day at 12,326 on the back of 68m shares traded. Most of the activity was concentrated in the Chemicals, Construction & materials, Oil & gas and Banking sectors. The top gainers according to Index points were OGDC, NESTLE and FFC; likewise the top decliners were PPL, IBFL and PAKT.
Taurus Securities Limited advises investors to hold onto their positions
