KSE-100 index unchanged

CHI (December 03 2008): Trading at Karachi share market improved further on Tuesday. However, KSE-100 index remained unchanged. Some activity in second-tier stocks supported the all share index to close in positive at 6,641.75 points, up by 0.08 points. Trading volume at ready market increased to 197,300 shares as compared to 102,900 shares traded a day earlier. No trading was witnessed at the futures counter.Out of the total 11 active scrips, five closed in positive and one in negative while the value of five scrips remained unchanged. "Some positive signals regarding availability of market stabilisation fund and removal of floor invited some buying in second-tier stocks. However, majority of market players stayed on sidelines, opting 'wait and see' policy", analysts said.National Assets was the volume leader with 159,000 shares and gained Re. 0.04 to close at Re. 0.44. Pak Com Leasing closed at Re. 0.56, up by Re. 0.01 with 28,500 shares. Pak Datacom increased by Rs 2.44 to close at Rs 51.41 with 3,200 shares.Sitara Energy gained Re. 0.97 to close at Rs 19.62 with 2,000 shares. Mod Al-Mali lost Re. 0.50 to close at Rs 2.25 with 1,500 shares. Southern Electric increased by Re. 0.05 to close at Rs 3.65 with 1,000 shares. KESC remained unchanged at Rs 3.80 with 500 shares. Chashma Sugar closed at Rs 5.70 without any change, with 500 shares.Japan Power remained unchanged at Rs 4.50 with 500 shares. Millat Tractors closed at Rs 163.92 without any change with 400 shares. Pak Datacom was the highest gainer and gained Rs 2.44 to close at Rs 51.41, while Mod Al-Mali was the worst loser and lost Re 0.50 to close at Rs 2.25