Re: Pakistan at 60 a Well-Written News Article (merged)
Another day of the KSE surgung higher and higher after the pro-Musharraf SC verdict. :k:
http://thenews.jang.com.pk/updates.asp?id=30091
KSE-index gains 187 points to 13921 at closing
Karachi Stock Exchange (KSE) bull-run drive continued for the second day in a row, amply demonstrating that the investors were better well informed than those of the intelligentsia blowing gloom and doom, which culminated in the index breaching past the 13,900 marks today after a break of two and a half months. The market opening on a positive note went on upbeat and buoyant all through the day and the KSE-100 shares index surged by 187 points to close at 13921 points. Turnover today exceeding over 40 million shares as compared yesterday aggregated to 350 million shares. Volume leader OGDCL shares price rose by Rs2.55 to close at Rs121.05. D. G. Khan Cement shares price increased by Rs0.25 and Arif Habib Securities by Rs1.85 to close at Rs113.90 and Rs142.35 respectively. KSE-30 index swelled up by 272 points reached at 17048. Analysts predict that the market could leap beyond the 14,000 marks in the days to come.