KARACHI: Karachi Stock Exchange (KSE) today witnessing a tumultuous trading session managed to dash pass 10,000 marks and the KSE-100 index closed at 10042 points, up by 189.Following persistent fearsome bearish spell, trading in the market today commenced late by over one hour and initially the index was seen surged by over 100 points, which the brokers claimed that the lackadaisical purchases by the Market Support Fund soon sent the market in negative zone and it so happened that at one time the index shedding 296 points plummeted to two-year lowest.
However, SECP announcement of pumping Rs400 million by the Support Find trigged the index back tracking and ended well in positive zone.Volume leader NIB Bank shares gaining Rs0.42 closed at Rs9.38. Among other companies, Hub Power Company losing Rs0.35 closed at Rs23.15, while National Bank gaining Rs1.92 wrapped up at Rs110. Turnover today higher by 13 million shares stood at 143 million shares.
No comments:
Post a Comment