Midday: KSE sticks to clinch 32,000pts mark as 100-index gains 43pts

KARACHI: Karachi Stock Exchange (KSE) 100-index Tuesday kept its upward rally to grab the landmark stage of 32,000 points and up by o.13 per cent, gaining 42.76 points to reach 31745.55 points, with total volume of 91,995,580 shares till midday.

The benchmark KSE 100-index witnessed variation as it opened with positive note, gaining 83.99 points or +0.26pc to reach 31786.78 points and observed highest trading of 31819.23 and lowest trading of 31661.88 points.

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On Monday, bulls bounced back strongly and kept their rule at the KSE again as the benchmark KSE 100-Index surged a considerable 358.72 points or 1.14% to reach 31702.79 points and volume of 172,777,940 shares.

The bull-run seems to have committed to take the Karachi Stock Exchange (KSE) benchmark KSE 100-Index to highest-ever psychological barrier of 32,000 points and keeping its buoyancy in view, it seems not far off. It is to be recalled that the market remained buoyant throughout the previous week and gained 400 points.