KSE-100 Index commenced the week with a notable decline of 221 points closing at 21,865. Furthermore, turnover for the day was this calendar year’s lowest clocking in at 84m shares traded. Lack of triggers and approaching Eid holidays kept investor interest timid.





Key Data

KSE-30 16573.08 -204.03 -1.22%

KSE-100 21864.85 -221.11 -1%

USD/PKR 106.32 0 0%

NYMEX Crude Future (USD) 102.89 -0.49 -0.47%

Gold (USD) 1325 +11.8 +0.9%

FIPI (USD `000) -86875.84 +491.73 +0.56%

KIBOR (6 months / %) 9.52% 0 0%





Notable Price Movers

Sym % Chg StDev change

SSGC 4.93 3.10

FFC (2.16) 2.61

CSAP (4.80) 2.34

CHCC (2.89) 1.93

FATIMA (1.41) 1.69





Notable Shares Traded

Sym Turnover StDev change

NCPL 2,936,500 2.86





Top Stories

Þ Lafarge plans to issue shares

World Bank lowers East Asia growth forecast lowers East Asia growth forecast

Zong opts out of race for Warid’s acquisition opts out of race foracquisition

Þ Privatisation — the sequel: Of 31 enterprises, half a dozen to be sold outright

3G spectrum: Government targets to complete auction by February 2014 Government targets to complete auction by February 2014

TAPI pipeline: Chevron likely to lead consortium that will finance, run the project Chevron likely to lead consortium that will finance, run the project

Engro Fertilizers to float shares for Rs20 Þ Going for listing:to float shares for Rs20

Tarbela’s generation capacity to get boost by 2016: Expansion plan generation capacity to get boost by 2016: Expansion plan

IT boom: Tech giants announced $25 million investment Tech giants announced $25 million investment

Belt tightening: Committee proposes cost-cutting steps for PIA Committee proposes cost-cutting steps for

Overseas Pakistanis remit over $55bn in five years remit over $55bn in five years

Oil prices drop on US debt ceiling crisis on US debt ceiling crisis

Cotton market: prices of fine variety improve prices of fine variety improve

World Bank to give $2.2 billion for 15 projects: EAD informs Senate body to give $2.2 billion for 15 projects:informs Senate body





Verdict