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Opening: KSE maintains upward rally

Opening: KSE maintains upward rally

KARACHI: The Karachi Stock Exchange (KSE) 100-index Thursday maintained upward rally and gained 36.77 points in early trading to reach 29977.16 points with total volume of 6,990,900 shares till 9:45am. The market at a point crossed psychological barrier of 30,000 and reached 30025 points.

On Wednesday, benchmark KSE 100-index gained 246.12 points to reach 29940.39 points and volume of 110,960,050 shares as political tension soothe after the Pakistan Awami Tehreek (PAT) Chief Tahir-ul-Qadri ended sit-ins in Islamabad after 67 days. Also positive trends, on international markets, helped traders gain confidence as Asian stock markets climb amid hopes of fresh European stimulus.