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Buoyant KSE eyes at 31,000 mark as 100-index up 0.87%, gains 268pts to reach 30873

byMati ur Rehman
02/04/2015
in Markets, Stock Exchange
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KARACHI: Continuing bullish trend, the Karachi Stock Exchange benchmark 100-index added another 267.51 points or 0.87 per cent to reach 30872.57 points, with the total volume of 9,876,400 shares in early trading on Thursday.

According to the experts, if the country’s largest stock market continues the momentum, it may cross 31000 points level till closing.

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On Wednesday, the KSE 100-index up by 1.99 per cent and gained 602 points to reach 30836, recouping the early losses as the International Monetary Fund (IMF) has disbursed sixth tranche of $500 million to Pakistan. The High and Low were 30951.34 and 30024.15 respectively with the total volume traded in the market of 202,659,520.

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