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Friday, March 12, 2010

KSE bullish; Index gains 95 points

KSE bullish; Index gains 95 pointsKARACHI: Buying continued at Karachi Stock Exchange (KSE) pushing the benchmark KSE-100 Index further up by 95 points to 9,880.

The share market began upbeat and remained solid throughout the session, as local and foreign investors took positions in banking and energy sectors.

The market turnover was recorded at 200 million shares.

PTCL emerged as today’s volume leader which gained paisas 78 to close at Rs20.78.

On the other hand, KSE-30 share Index advanced by 100 points to finish the day at 10,361.

The market analysts are of the view that the major Index may surge beyond the psychological barrier of 10,000 this week.

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