KARACHI: The bulls rallied against bears in Karachi Stock Market as benchmark KSE-100 index consolidate position to continue upwards march and gained 173 points or 0.59 percent to reach 29,556 points in midday trading.
Earlier, the market opened at the overnight closing of 29,383 points and showed resilience to offset the bearish trend. The investors remained cautious and vigilant in view of the prevailing political uncertainty that has been haunting the stock exchange since its inception.
However, confidence of the investors was boosted by various developments taking place across the political spectrum.
On Monday, the market suffered losses due to low interest of the investors.
