Karachi, July 06 2010: The KSE 100 Index will be closing at negative today, thanks to the Capital Gain tax. The Capital gain tax committee will hold its sessions during the week to make up the rules and regulations for the market. The suggestions from the members of the KSE include the imposition of Rs 5 million limit for the small traders in the market, in order to encourage more small traders to roll-in the stock markets in Pakistan.

At the moment, when only a short trading time left today. The KSE 100 Index is already down by 76.06 points from 9637.97 to 9561.91. Out of 284 companies traded today, only 111 companies saw a sharp increase. While the share prices of 152 companies declined. The prices of 21 companies remained unchanged.

Out of the top 20 trading companies by volume today, Pak Tobacco share price rose by Rs 5.10 from 103.50 to 108.60. Other gainers include Kohat Cement (Rs 0.01), SilkBank Ltd (Rs 0.01), United Bank Ltd (Rs 0.56) and Dewan Salman (Rs 0.01). While the losers include PTCL (Rs 0.35), Pak Oilfields Ltd (Rs 2.76) and Engro Corporation (Rs. 1.10).