Re: KSE makes history ascending highest ever at 14368 points
Higher and higher it goes.
http://thenews.jang.com.pk/updates.asp?id=30420
Index at highest level of 14,485 points in KSE
Updated at 1630 PST
KARACHI: The bullish trend continued on second day at the Karachi Stock Exchange and index closed at 14,485 points, the highest level in the history of the country. Market opened with an increase of 76 points and on one occasion the index during the trading crossed also the level of 14,500 points. Local and foreign investors looked active in oil and gas sectors. At the end of trading today, KSE 100 index with an increase of 118 points, closed at 14,485 points. Thus, the index on successive second day succeeded in creating a record of crossing the one more highest level in the country’s history. Trade volume was 350 million shares which is 100 million more compared to previous day. The largest trading was seen in the shares of OGDCL price of which increased by Rs.5.05 and became Rs.130.45 at the end of the day. Price increased in the shares of TRG Pakistan by 20 paisa whereas decreased by Rs.3.00 in the Bank of Punjab, after which they closed at Rs.15.15 and Rs.105.70, respectively. KSE 30 index with an increase of 153 points became 17,872 points.
Analysts think that index in the coming days may cross 14,700 points.