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Home Markets Stock Exchange

KSE takes fantastic start with 994.58 points gain

byCustoms Today Report
29/08/2014
in Stock Exchange
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KARACHI: After bearish trend gripped the stocks market for the whole week, the KSE 100-Index took a fantastic start on Friday by gaining 994.58 points to 28,769.01, recording a positive change of 3.58 percent in early trading of the morning session.

Political deadlock still prevails in the capital city due to sit-ins by Imran Khan and Tahirul Qadri. However, lodging of an FIR against Punjab Chief Minister Shahbaz Sharif and reportedly making of COAS Raheel Sharif as a ‘mediator’ by Prime Minister Nawaz Sharif to end political crisis eased the panic at the market.

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Tags: 100-indexCustoms NewsFBRImran KhanKarachi stocksKSENawaz SharifRaheel SharifsharesTahirul Qadri

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