KARACHI: Stocks remained steady as bullish trend kept KSE-100 index ticking upwards, adding another 75 points or 0.24 percent to the overnight closing of 31,303 points to graze at 31,378 points in early trading on Wednesday.
The market opened on the overnight positive note and stayed buoyant, keeping confidence of the traders high. The Karachi Stock Exchange appears to have thought something different after crossing its all-time high and the experts and market analysts expect the trend to stay in.
Earlier, the trading started at the overnight closing of 31303 points and kept on sailing high.
Prime Minister Nawaz Sharif’s just-concluded visit to China where he signed agreement and MoUs for more than 42 billion dollars investment in various sectors have boosted the market.
On the other hand, the IMF willingness to disburse another tranche in December has also boost the confidence.
