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Opening: KSE starts week with bullish trend, gains 111 points

Opening: KSE starts week with bullish trend, gains 111 points

KARACHI: The Karachi Stock Exchange (KSE) 100-index took another good start and gained 111.87 points or + 0.37pc to reach 30210.36 points, with total volume of 2,775,750 shares till 9:45am on Monday, the first day of trading week.

The benchmark KSE 100-index opened on negative note on the first day of trading last week, however, gained 206.01 points in the week-long trading, as it opened at 29892.88 points on Monday and closed at 30098.49 points on Friday.

Federal Minister for Finance Ishaq Dar has signed a Memorandum of Understanding (MoU) on establishment of Asian Infrastructure Investment Bank (AIIB) in China. The MoU has further enhanced the confidence of investors to trade in the market.