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KSE on recourse to recovery after meltdown; gains 106pts, 0.35% to rise to 30982pts

KARACHI: Stocks, day after sinking deeper and deeper due to terrorists attack on Army Public School in Peshawar, went on recourse to recovery and went up 106.68 percent or 0.35 percent to climb up to 30982.96 till midday on Wednesday amid national mourning for martyred schoolchildren. The Karachi Stock exchange crashed down on Tuesday with the KSE-100 index plummet 813.82 ... Read More »

Cheering KSE-100 crosses 32,000pts; up 207pts or 0.65% to reach 32,080pts level

KARACHI: Bulls kept the stocks charged and the Karachi Stock Exchange benchmark KSE 100-index crossed its all-time-high of 32,080.34 points with fresh gains of 207.61 points or 0.65 percent. There was buoyancy in the market and the 100-index kept ticking upwards, taking the tally upwards from the overnight closing of 31,872.73. The market opened on a positive note and kept ... Read More »

POL price cut cheers stocks as KSE gains 59pts, 0.19% to reach 31,256pts

KARACHI: Stocks responded to POL price cut positively as Karachi Stock Exchange benchmark 100-index gained 59 points or 0.19 percent to climb up to 31,256 points from the weekend closing of 31,197 points in early trading on Monday. The market opened on a depressed note and lost 17 points but showed resilience and recovered quickly, going up in a positively ... Read More »

Opening: KSE sets to rise further, gains another 112 points

KARACHI: Upbeat Karachi Stock Exchange recouped overnight buoyancy and kept engaged investors, taking the benchmark KSE-100 index all-time-high of 30776 points, adding another 112points or 0.37 percent in early trading on Friday. Though Friday is the last trading day at the market, stocks appeared determined and kept on adding to the score tally while boosting confidence of the investors. The ... Read More »

Opening: Shining KSE adds another 162 points, reaches 30755

KARACHI: Stocks consolidated its overnight rally and kept on upward march, adding another 162 points or 0.53 percent to take the benchmark KSE-100 to 30755 points level. The mark opened at overnight closing of 595 points and appeared buoyant, maintaining upward trend. The market sustained bullish mood as was indicated by experts and analysts. Market bandits expected that the index ... Read More »

Opening: KSE attempts to recoup losses, gains 36 points

KARACHI: The stocks on Tuesday attempted to rein in bear-run and the Karachi Stock Market benchmark KSE-100 index recouped some of the overnight losses by gaining 36 points or 0.13 percent to reach 29,419.91 points in early trading. Earlier, the market opened at the overnight closing of 29,383 points and showed resilience to offset the bearish trend. The investors remained ... Read More »

Midday: KSE crosses 30,000 level

KARACHI: Started with negative trend, the Karachi Stock Exchange (KSE) 100-index gained momentum with positive growth of 149 points, crossing psychological level of 30,000 and reached 30143 points. In the morning the investors started trading very carefully, keeping current political standoff in mind, due to which KSE 100-index shed 21 points to stand at 29972.87 points on the second day ... Read More »