ISLAMABAD: The bullish trend in Karachi Stock Exchange entered the next week as KSE benchmark 100-index gained 103.88 points and reached 34755 points level in early trading on Monday.
On Friday, the KSE recorded bullish trade for fifth straight day as institutional investors remained on the buying side as part of the post-budget bullish rally which has injected over 600 points into the main index.
The benchmark KSE 100-Index gained 0.16 percent or 56.59 points to 34,651.29 points on Friday when compared with 34,594.70 points on Thursday. During the week that ended on Friday, the key index jumped by 638.80 points with all the five trading sessions ending in green zone. The main index is currently trading 0.5 percent below its all-time historic peak of 34,826.51 points achieved on February 3, 2015. During the current month, the key index has already augmented by 1,594.5 points from 33,056.79 points witnessed on May 29.
