KARACHI: The Karachi Stock Exchange Friday welcomed New Year with positive note as 100-index added 199.63 points to cross the psychological barrier of 33,000 points and reach 33015.94 level in early trading.
On Thursday, the stock market witnessed rangebound trading as the benchmark KSE 100-index declined by 9 points and closed at the 32,816.31 points. The traded volume was 99m shares which was 40% down compared to 3-month average volume of 163.m shares and value of Rs 5.5b ($52m) was down by 32% as compared to 3-month average value of Rs 8.2b ($78m).
