Rally at KSE continues; Index hits new height at 22,080 points

KARACHI: The bull-run continued at the local bourse, as the benchmark KSE 100-share Index set a new record on Monday by closing at an unprecedented level of 22,080 points after gaining 258 points.

The new government’s apparent resolve to bring improvement on the economic front prompted the stock traders to inject more investment into the local equities.

The KSE witnessed a strong volume of 570 million shares of worth Rs11 billion. Not only the major players but the small investors were also seen taking interest in a variety of stocks.

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Strong bulls push KSE 100-share Index to another new height

KARACHI: Bull-run continued at the Karachi Stock Exchange (KSE) on Thursday as further investment mainly in lowest scrips added 150 more points to the benchmark KSE 100-share Index, pushing it further up to hit a new record at 21,591.

The local equities market remained upbeat for the fourth consecutive day today, as the major Index soared to a new height, unprecedented in the capital market history of Pakistan.

The trade volume was registered at 640 million shares, first time in seven years.

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