Monday, October 26, 2009
KSE on upbeat after week of bearish trend
1:36 PM | 
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KARACHI: The benchmark 100-index of Karachi Stock Exchange (KSE) saw upbeat trend during the preliminary trading session after last week’s record bearish trend and 100-index gained over 200 points to cross 9350 points level, Geo news reported.According to market analysts, the market began trading in positive zone due to improved law and order situation across country, which made schools and other educational institutes to reopen again after week’s closure.
Now, the investors have regained their trust in market investment, they said, adding, foreign investors purchased stocks worth of more than 3.4 million dollars on Fiday, making market to begin trading in positive zone on Monday.
Experts feared the stock market might plunge after 100-index will have crossed 9400 points level.
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