KARACHI: The Karachi Stock Exchange (KSE) benchmark 100-index Tuesday started with positive note and up by 0.32 per cent, gaining 111.32 points with the total volume of 15,305,400 shares.
On Monday, bears dominated at the local markets where recovery in international oil prices failed to stimulate sentiment as profit taking dragged benchmark down in red zone.
The bullish trend was also caused by T-bills cut-off yields declining by 47-53bp and up-front tariff for LNG-fired power plants likely to be set at Rs8.55/kwh.
Meanwhile, the High and Low were 34789.35 and 34635.35 respectively while the total volume traded in the market was 131,249,880.
