KARACHI: The Karachi Stock Exchanged remained buoyant as benchmark 100-index crossed 34,000 psychological barrier by gaining 114.39 points till midday on Wednesday.
The stock recorded the highest trading level of 34119.90 points and lowest level of 33859.16 points, with the total volume of 58,644,130 shares, having Rs3,614,513,510 volume.
The three top traded companies were Japan Power with a volume of 17,826,000 and price per share of 5.30 (0.56), K-Electric Ltd with a volume 13,861,500 of price per share of 8.03 (-0.01) and Southern Electric with a volume 9,330,000 of price per share of 3.18 (0.20).
Earlier, continuous bullish trend helped Karachi Stock Exchange gain 189.72 points to reach 34085.06 points in early trading.
On Tuesday, the KSE-100 index added by 331.96 points (0.99 per cent) to close at 14-week high at 33,895.34.
Foreign fund managers intensified their buying to $13.23 million from purchases of $7.99m worth stocks a day earlier. The foreign inflow was seen mainly in cements at $5.8m; fertiliser $4.2m and banks $2.6m.
