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Closing: KSE up 143 points on another round of talks

Closing: KSE up 143 points on another round of talks

KARACHI: The Karachi Stocks steadily built on the overnight gains and rose by 143.31 points to take the stocks benchmark KSE-100 to 29728.91 points, shrugging off several pressing problems the country has been grappling with at different fronts, on Tuesday.

The KSE-100 opened on an upbeat note and kept on upwards march aggressively, boosting confidence of the investors.

Once the market plummeted to 29585.60 points but rebounded quickly to leave little room for bears to haunt back. The KSE remained buoyant due to another round of talks between the government and the protesting Pakistan Tehreek-e-Insaf (PTI) in which Shah Mehmood Qureshi claimed that some progress had been made between the two sides.