KARACHI: The Karachi Stock Exchange (KSE) 100-Index has almost touched the highest-ever psychological barrier of 31,000 points before closing of the last trading day on Friday. KSE 100-Index has gone high of 30999.71 till 3pm today which shows the benchmark Index was in range of 31,000 points mark, first time in the history of Pakistan.
It is worthy to mention here that Customs Today yesterday predicted that KSE 100-Index would touch the benchmark 31,000 points level till closing of the week on Friday. Customs Today has been regularly predicting such trends. For instance, Customs Today predicted cut in POL prices on October 3 and it happened on Nov 1 while the whole nation was in disbelief about the prediction on October 3.
Subsequent price reduction of almost 10 percent in transport fares and 5% in food items was also predicted by Customs Today.