Bullish trend continues on fourth day at KSE
The bullish trend continued on fourth day at the Karachi Stock Exchange (KSE) as index also crossed the limit of 14,100 on Thursday.
Market opened with an increase of 49 points and at one occasion index was seen even at 14,138 points. At the end of the trading day, it became 14,100 points after having a gain of 54 points, private TV reported.
Trade volume was 280 million shares on Thursday, 30 million shares less than Wednesday volume.
Highest volumes were witnessed in the National Bank of Pakistan, which closed at Rs 271 with a gain of Rs 7.65. Followed by OGDC, which closed at Rs 124.90 with a loss of 60 Paisas and Lucky Cement at Rs 137.60 with a gain of Rs 1.85.
KSE 30-index reached 17,333 points after an increase of 75 points, Analysts say that the market can cross the highest level in the history of the country by reaching 14,200 points in the coming days.
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