Thursday, October 22, 2009
KSE moves up after record bearish trend
2:02 PM | 
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KARACHI: Karachi Stock Exchange (KSE) displayed performance after record bearish trend yesterday, as the benchmark 100index crossed 9,500-point level, Geo News reported Tuesday.Today the trade activity started into positive territory and the same trend continued the whole day with the index was once seen touching 9,645-point level. However, the blasts at Islamic University limited the activity, which pushed the index to close at 9,569 up 158 points.
The trade volume was 220 million shares with the maximum activity recorded in shares of Jahangir Siddiqui Company, which closed at Rs39.06 up Rs1.06.
Meantime, KSE 30-index closed at 10,126 up 163 points. According to experts, the market can show resistance at 9,600-point level in the coming days.
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