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Upward momentum persists as KSE-100 index gains 520pts till midday

byMatiur Rehman
28/08/2015
in Markets, Stock Exchange
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KARACHI: Upward momentum at the Karachi Stock Exchange took 100-index to 34481.29 points level, by gaining huge 520 points till midday on Friday, the last trading day.

The stock recorded the highest trading level of 34491.84 points and lowest level of 33961.29 points. The total volume of market remained 121,348,830 shares, having Rs9,177,695,760 value.

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Earlier, the Karachi stocks shot up by 1.15 per cent as KSE-100 index gained 391 points to take the tally to 34352.48 points level.

On Thursday, the Karachi Stock Exchange’s (KSE) benchmark 100-index recorded a rise of 1.26% or 423.87 points to end at 33,961.29. However, trade volumes fell to 223 million shares compared with Wednesday’s tally of 278.69 million shares.

 

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