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Opening: KSE continues winning streak, 100-index gains 84pts, nears 32,000pts mark

Opening: KSE continues winning streak, 100-index gains 84pts, nears 32,000pts mark

KARACHI: Karachi Stock Exchange (KSE) 100-index Tuesday maintained its bullish momentum in early trading and gained 83.99 points or +0.26pc to reach 31786.78 points with the aim to cross another historic mark of 32,000 points.

On Monday, bulls bounced back strongly and kept their rule at the KSE again as the benchmark KSE 100-Index surged a considerable 358.72 points or 1.14% to reach 31702.79 points and volume of 172,777,940 shares.

On first day of trading, the market started the week in a fashion and picked up the thread from weekend closing of 31344.07 points, going up in a confident way. It continued upward march and kept on adding to the score tally, boosting confidence of the investors.

The bull-run seems to have committed to take the Karachi Stock Exchange (KSE) benchmark KSE 100-Index to highest-ever psychological barrier of 32,000 points and keeping its buoyancy in view, it seems not far off. It is to be recalled that the market remained buoyant throughout the previous week and gained 400 points.