Wednesday, June 17, 2009

Bulls return to Karachi Stocks, KSE 100 Index surges by 203 points

KARACHI: Bearish trend ended at Karachi Stock Exchange (KSE) on Wednesday as fresh buying pushed the benchmark KSE-100 Index up by 203 points to close at 7,075.

The stock market opened upbeat and the major Index remained in the green throughout the session as investors took fresh positions in various stocks.

The trade volume improved to 90 million shares today.

OGDC emerged as today’s volume leader which gained Rs2.58 to close at Rs72.75.

KSE-30 Index surged by 259 points to finish the day at 7,539.

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