KSE maintains upward momentum; 100-index adds 347pts to take tally to 30952

KARACHI: Bull-run kept stocks continued upward march as benchmark KSE 100-index extended gains, adding another 346.66 points or 1.13 per cent to take the tally to 30951.72 points till midday on Thursday.

The 100-index witnessed the highest level of trading at 31056.73 and lowest level at 30605.06 points with the total volume of 60,343,530 shares.

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The three top traded companies were Pak Elektron with a volume of 11,744,500 and price per share of 48.00 (1.80), Fauji Cement XDwith a volume 4,723,000 of price per share of 29.78 (0.51) and Jah. Sidd. Co. with a volume 4,417,000 of price per share of 17.09 (0.55).

Earlier, the Karachi Stock Exchange gained 267.51 points or 0.87 per cent to reach 30872.57 points in early trading.

According to the experts, if the country’s largest stock market continues the momentum, it may cross 31000 points level till closing.