KSE-100 Index up 37 points

By AFP
February 27, 2012

KARACHI: Equities at Karachi Stock Exchange rose on Monday, led by cement shares such as D.K. Khan Cement , Lafarge Pak and...

KARACHI: Equities at Karachi Stock Exchange (KSE) rose on Monday, led by cement shares such as D.K. Khan Cement (DGKC), Lafarge Pak (LPCL) and Fauji Cement (FCCL), dealers said.

The Karachi Stock Exchange (KSE) benchmark 100-shareindex ended 0.29 percent, or 37.14 points, higher at 12,743.66points.

Turnover rose to 205.79 million shares, compared with 192.35 million shares traded on Friday.

"DGKC continued to remain in the limelight and closed 4percent up along with LPCL, which also gained 4 percent as investors believed that the cement companies profits going forward will further improve," said a stock dealer.

DGKC closed 3.76 percent up at 28.18 rupees, LPCL rose4.74 percent at 2.65 rupees and FCCL ended 1.67 percent higher at 4.25 rupees. (Reuters)
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