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Midday: KSE keeps upward rally, gains 103 points

Midday: KSE keeps upward rally, gains 103 points

KARACHI: Started with positive note, the Karachi Stock Exchange (KSE) 100-index kept upward rally and crossed psychological barrier of 30000, by gaining 102.81 points to reach 30081.75 points on Friday, the last day of trading.

On Thursday, the country’s biggest stock market lost 124.29 points to reach 29978.94 points and volume of 52,510,770 shares.

Experts say that market has to survive the growing political pressure on government as Pakistan Tehreek-e-Insaf (PTI) is going to stage an anti-government public gathering in Multan, where the ruling party PML-N is supporting Javed Hashmi, former president of PTI, in by-election.