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Opening: KSE starts week with positive note, gains 94 points

Opening: KSE starts week with positive note, gains 94 points

KARACHI: The Karachi Stock Exchange (KSE) 100-index started the trading week on Monday positively and gained 94.50 points to stand at 30253.13 and volume of 12,895,560.

Last week KSE opened with a slow start after five days closure on weekend and Eidul Adha holidays and gained 46.72 points in the week-long trading, as it opened at 30103.23 points on Thursday and closed at 30149.95 points on Friday

The week, which consists of two trading days only, was unexpectedly good for KSE as it ends in green zone despite the first day loss.

Experts say that the markets could survive the increasing political pressure on the government as Pakistan Awami Tehreek leader Tahir-ul-Qadri led alliance of political parties has also demonstrated their power by gathering a big public gathering in Pakistan’s biggest industrial city, Faisalabad.