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KSE keeps positive momentum of early trading; 100-index gains 89pts till midday

byMatiur Rehman
28/07/2015
in Markets, Stock Exchange
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KARACHI: The Karachi Stock Exchange maintained positive note of early trading as 100-index gained 88.74 points to reach 35264.23 points level till midday on Tuesday.

The stock recorded maximum trading level of 35443.17 points and minimum trading level of 35051.97 points, with the total volume of 131,275,800 shares, having Rs8,194,822,634 value.

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Earlier, after losing massive points in previous day, the Karachi Stock Exchange started with positive note as 100-index gains 77.36 points to reach 35252.85 points level.

On Monday, the index suffered a huge decline, losing much of the shine gathered in the past few weeks with over a 600-point plunge. At close, the Karachi Stock Exchange (KSE)-100-index, which neared the 35,000 level after closing above 36,000 the previous week, lost 1.79% or 639.71 points to end at 35,175.49.

Shares of 389 companies were traded in the previous day. Of these, 52 companies closed higher, 324 fell and 13 remained unchanged.

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