Monday, April 6, 2009

KSE-100 Index surges above 7500 level


KARACHI: Investors buying continued at Karachi Stock Exchange (KSE) on Monday, pushing the benchmark KSE-100 Index up by 86 points to close at 7,518.

Selling pressure was witnessed at the beginning of today’s trade but later buying in banking and energy stocks switched the share market in positive mode. At the end the major Index gained 86 points to 7,518.

Trade volume was recorded at 380 million shares which is highest in the last 12 months.

NIB bank was today’s volume leader which gained paisas 40 to close at Rs6.25.

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