No #10

The Financial Daily - - SPORTS & CONTINUATIONS -

by Rs 0.67 at Rs 22.01 on 8.85 mil­lion shares. Ac­cord­ing to Ah­san Me­hanti, direc­tor at Arif Habib Cor­po­ra­tions, "Stocks closed bear­ish af­ter ma­jor fall in in­ter­na­tional oil prices to 4 year low weak­en­ing earn­ings out­look in blue chip oil stocks ex­pected to in­cur in­ven­tory losses. Higher DAP sales data for Oct '14, Record low CPI data ex­pected for Nov'14, In­sti­tu­tional in­ter­est in Power sec­tor ex­pected to ben­e­fit from lower fur­nace oil prices failed to im­pact to sen­ti­ments ahead of protest rally called in by PTI."

The over­all mar­ket cap­i­tal­iza­tion down by Rs 54.79 bil­lion to Rs 7.152 tril­lion against Rs 7.207 tril­lion ob­served on last trad­ing day.

Col­gate Pal­mo­live and Ser­vice In­dus­tries re­mained the top gainer by Rs 83 and Rs 44.50 to close at Rs 1,783 and Rs 989.53 re­spec­tively, while Wyeth Pak­istan and Nes­tle Pak­istan were the ma­jor loser which lost Rs 208.76 and Rs 150 to close at Rs 3,966.49 and Rs 8,450 re­spec­tively.

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