AsiaNet Pakistan 2012-03-15 18:17:09

Karachi, Mar 15, 2012 (PPI): The market staged a modest recovery on Wednesday due to buying interest in selective Index heavyweight scrips.

According to Taurus Securities Limited, the KSE-100 Index gained 77 points to close at 13,360 on the back of 347m shares transacted. Most of the activity was concentrated in the Chemicals, Construction & materials, Banks and Financial services sectors. The top gainers according to Index points were NESTLE, OGDC and PTCLA; likewise the top decliners were COLG, NIB and FFBL.

Taurus Securities Limited advises investors to hold onto their positions.

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