KARACHI: The bearish momentum entered another day as the Karachi Stock Exchange 100-index gained 119.82 points to the cross psychological barrier of 36000 level and reached 36041.53 in early trading on Wednesday.
On Tuesday, the KSE-100 benchmark index increased 97.15 points or 0.27% to end at 35,921.71. The trading in cement sector helped the market gain and near the 36,000-point barrier twice intra-day. However, a plunge in the middle meant the Karachi Stock Exchange (KSE)-100 index went up only 0.27%, but continued to end in the positive during the week. Shares of 377 companies were traded on Tuesday. Of these, 149 companies closed higher, 202 fell and 26 remained unchanged.
