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KSE 100-index soars to 33818pts, up 0.16% to close week at record high

byShahid Imran
17/01/2015
in Uncategorized
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KARACHI: The Karachi Stock Exchange benchmark 100-index gained 52.68 points or 0.16 percent to reach 33818.29 points and volume of 215,170,370 shares on Friday.

The market, however, appeared confident and seemed positive with investors exercising caution as it is the last trading in the market.

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There were bulls roaring in Karachi Stock Exchange as benchmark 100-index extended overnight buoyancy, gaining 70.06 points or 0.21 percent to reach another all-time high of 33835.67 points in early trading on Friday.

Eyes are now up on another milestone of 34,000 points mark as the prevailing market tendency points to this direction.

High and Low were 33954.88 and 33724.65 respectively. Total volume traded in the market was 215,170,370 shares.

The market opened at the overnight closing of 33765 points in green zone and appeared confident, extending overnight gains.

Stocks on Thursday closed on a new all time high led by oversold oil stocks after WTI Crude recovered near to $49/barrel during the trading session, pushing the KSE-100 Index to a new height at 33765

The market continued with its bullish momentum closing in green zone.

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