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Closing: KSE takes mammoth jump of 373pts, up 1.16% on first day of 2015

Closing: KSE takes mammoth jump of 373pts, up 1.16% on first day of 2015

KARACHI: The Karachi Stock Exchange benchmark 100-index gained 372.52 points or 1.16percent to reach 32503.80 points and volume of 186,250,880 shares on Thursday.

The market cheered up and showed buoyancy, keeping its upward march in a steady manner. Earlier, the Karachi Stock Exchange opened at the overnight closing of 32131 points and stayed bullish, extending the overnight gains and reaffirmed its resolve to mount the new heights of 33,000 points. The KSE bade the last sunset of 2014 at a happy note with the overall formation of the index in both short-term and long-term charts were eminently bullish.

Stocks welcomed the first day of New Year 2015 with a positive note as the Karachi Stock Exchange benchmark 100-index went up 184.07 points or 0.57 percent to reach 32315.35 points till midday trading on Thursday.

High and Low were 32503.80 and 32131.28 respectively. Total volume traded in the market was 186,250,880 shares.

As mentioned in the earlier reports that the strong resilience accompanied by strong bullish mood could trade in a high profile mode.