KARACHI: The Karachi Stock Exchange Wednesday touched the all-time-high level of 36201.47 by gaining 279.76 points till midday.
The stock recorded highest level of 36266.44 points and lowest level of 35921.71 points, with the total volume of 88,808,230 shares, having Rs7,664,879,732 value.
Earlier, the bearish momentum entered another day as the Karachi Stock Exchange 100-index gained 119.82 points to the cross psychological barrier of 36000 level and reached 36041.53.
On Tuesday, the KSE-100 benchmark index increased 97.15 points or 0.27% to end at 35,921.71. The trading in cement sector helped the market gain and near the 36,000-point barrier twice intra-day. However, a plunge in the middle meant the Karachi Stock Exchange (KSE)-100 index went up only 0.27%, but continued to end in the positive during the week. Shares of 377 companies were traded on Tuesday. Of these, 149 companies closed higher, 202 fell and 26 remained unchanged.
Stock market remained at average 7784.27 points from 1990 until 2015. The market witnessed previous all-time high of 36056.68 points on July 22, 2015 and a record lowest level of 538. Index points in June 1990.
