KSE MARKET SUMMARY 01 February 2013

Pakistani stocks attempted a new high on Thursday, mainly supported by banks, but the cement sector drew strong interest with some investors buying on results and some taking profits. Karachi Stock Exchange exhibited a choppy trend as benchmark index moved within a band of 70 points with heavy volume of 272mn shares. Profit taking was the theme in bellwether stocks from fertilizer sector after unchanged status in gas allocation policy disappointed the investors.

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