Share prices fell to 12-week low after news that US breaks off talks with Pakistan on NATO supply routes, said market expert here on Tuesday. At Karachi stock market benchmark KSE-100 share index misplaced 171.90 points or 1.26 percent to stop the day at 13,429.56 points as compared to 13,601.46 points of the previous day. Samar Iqbal Equity dealer at Topline Securities said cement and oil stocks fell sharply as investors believe that worsening Pak-US relation may affect investment climate.Volumes also remained on the lower side as only 70 million shares were traded because most of the investors are on the sidelines due to June ending closing, she added. KSE-Allshare index decreased 118.48 points or 1.24 percent to end the day at 9,460.51 points, KSE-30 share index down 188.43 points or 1.60 percent to close the day at 11,558.22 points while KMI-30 share index off 371.11 points or 1.57 percent to conclude the days trading at 23,221.09 points. Analyst said uncertain global stocks and fall in global commodities affected the sentiments despite hopes for ease in macroeconomic issues after China agrees to place $500m with SBP defuse pressure on current account and depletion of reserves.Market traded 70.704 million shares after opening at 60.206 million shares and the value of trading shares was Rs 2.724 billion as compare to the Rs 1.690 billion of the previous session. Trading took place in 342 companies where loser managed the strong lead over the loser 196 to 75 while the values of 71 stocks remain intact. Lucky Cement was the top traded company of the day with 5.418 million shares as it close at Rs 117.37 after opening at Rs 123.02. JS.Co was on the second position with 5.359 million shares shed Re 0.41 to Rs 14.08. It was followed by DGK Cement with 5.102 million shares off Re 0.81 to Rs 39.43, PTCLA with 4.00 million shares lost Re 0.48 to Rs 13.89 and Hub Power Company with 3.560 million shares fell Re 0.2 to Rs 40.22.Rafhan Maize Prod and Siemens Pakistan were the top traded companies of the day increased by Rs 33.06 and Rs 15.13 and the top losers were led by UniLever Pak and Millat Tractors down by Rs 85.16 and Rs 12.04 respectively. APP adds from Islamabad: Islamabad Stock Exchange on Tuesday witnessed bearish trend as the index shed 52.97 points to close at 2651.20 points.Stock Analyst, Ismail Iqbal Pvt Ltd, Jeewan told APP that the profit-booking by local and foreign investors was seen in the local stock markets. He said that the foreign investors had off-loaded the major positions to take profit, adding that some of them also had taken the fresh positions when the index went down.“Moreover, the decline in oil price in the international market has supported the bearish trend because it will decrease the profit of oil companies and in addition, it will also affect earning per share (EPS)”, he added.He stated that the regional stock markets were seen consecutively under pressure because the crisis emerged in the world due to euro crisis.Total volume of shares traded was 3,100, which was down by 21,559 as compared to a day earlier’s closing. Out of 125 companies’s shares traded, the prices of 30 was increased while the prices of 95 decreased. The price of top gainer Siemens Engineering increased by Rs.15.13 while the price of top loser Unilever Pakistan decreased by Rs.85.16. Fauji Fertilizer, OGDC and United Bank remained volume leaders on Tuesday, with volumes of 2,000, 1,000 and 100 respectively.
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