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Midday: KSE 100-Index takes huge jump of 323.58 points

Midday: KSE 100-Index takes huge jump of 323.58 points

KARACHI: The Karachi Stock Exchange (KSE) 100-index took a mammoth leap of 269.54 points in the beginning of the trading on Wednesday and extended this upward momentum till midday and recorded 323.58 points gain to reach 30017.85 after Pakistan Awami Tehreek leader Tahir-ul-Qadri called it quits and ended his 67 days old sit-in in Islamabad.

On Tuesday, the benchmark KSE 100-index lost 16.85 points to close 29694.27 points and volume of 71,040,950 shares. Tahir-ul-Qadri on Tuesday night called off his more than two-month long sit-in, which has helped increase the investors’ confidence.