KARACHI – Investors’ positive approach steered the Karachi Stock Exchange from bearish streak as 100 Index jumped to 33969.01 points after considerable gain of 123.71 points or 0.37% even in the begging of trade activities at the bourse on Thursday.
The High and Low were 33973.03 and 33845.05 respectively while the total volume traded at the market was 3,678,850 perhaps due to upbeat earnings in banking, pharma and cement sector stocks announced in the trading session.
Earlier, it had remained under pressure as the index lowered 50 points to close at 33845.30 points with significantly lower volumes. The highest increase then was witnessed in the shares of Unilever Foods which rose by Rs300.00 to Rs9100.00 followed by Indus Motor that share appreciated by Rs49.63 to Rs1042.40. Rafhan Maize which shares decreased by Rs247.89 to Rs10701.11 and Exide (PAK) that fells by Rs54.69 to Rs1244.10 were among top decliners in market.
