Tuesday, May 26, 2009

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CJ’s restoration propels aggressive buying at KSE; Index up 313 points
Updated at: 1915 PST, Friday, April 03, 2009 KARACHI: The benchmark KSE-100 Index witnessed a big push on Friday at Karachi Stock Exchange (KSE), surging by 242 points to close at 7432.The share market carried forward the continuing upbeat mood at today’s opening and remained in the green zone throughout the session on the back of aggressive buying across the board by the investors. The traders looked encouraged by the new petroleum policy and the positive reports on the political front.The major Index was seen above the level of 7,400 for the first time in last three months.The market turnover was strong at 330 million shares which is 40 million shares higher than yesterday’s trade.NIB bank emerged as a new volume leader today which advanced by paisas 19 to close at Rs5.83.KSE-30 Index finished 261 points up to 8,064 at the weekend.

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