KARACHI: The bullish trend in Karachi Stock Exchange entered another week as benchmark 100-index gained 221.26 points to reach 33278 points level in early trading on Monday.
On Friday, the market remained strong throughout the day and closed, gaining 293 points to 33056.79. Volumes stood at 304m (Value at Rs13.7b/ $134m). Expectations of the government announcing an auto-policy in the upcoming budget along with the USD hitting a fresh high against the JPY translated into strong investors’ interest in the auto sector. INDU, HCAR, and PSMC ended 3.8pc, 2.5pc and 2.4pc higher respectively.
