KSE touches new historical peak as 100 index rises 307 pts

KARACHI: Karachi Stock Exchange witnessed bullish trend today as the 100 index touched the highest mark of 36031.44 points here on Thursday, Newsone reported.


The stock witnessed highest trading level at 35722.76 points and lowest level at 35430.82 point on Wednesday as well, with the total volume of 177,439,250 shares, having Rs12,218,792,054 value.

On Tuesday, shares market closed lower on late session profit-taking in overbought scrips across the board. The KSE-100 Index down by 49.73 points to close at 35446.89 or 0.14pc.

Market opened on a positive note today as cement sector led the rally but profit-taking was witnessed after the news came in the market of Iran and six world powers sealing a historic accord to curb the Islamic Republic’s nuclear programme in return for the lifting of sanctions, bringing pressure on international oil price.