Thursday July 02, 2009
KARACHI: The benchmark KSE-100 Index of Karachi Stock Exchange surged by 109 points on the opening day of the new financial year, closing at 7,270.
The share market opened upbeat and the major Index was seen in the green territory throughout the session.
Energy and cement sectors drew particular attention of the investors who took fresh positions in these sectors on reports of slashing of interest rate by the State Bank of Pakistan (SBP) and reduction in profit rates on national savings schemes.
Trade volume was recorded at 100 million shares.
DG Khan Cement was today’s star performer in terms of volume which gained paisas 85 to close at Rs30.50.
KSE-30 Index advanced by 141 points to peg at 7,711
KARACHI: The benchmark KSE-100 Index of Karachi Stock Exchange surged by 109 points on the opening day of the new financial year, closing at 7,270.
The share market opened upbeat and the major Index was seen in the green territory throughout the session.
Energy and cement sectors drew particular attention of the investors who took fresh positions in these sectors on reports of slashing of interest rate by the State Bank of Pakistan (SBP) and reduction in profit rates on national savings schemes.
Trade volume was recorded at 100 million shares.
DG Khan Cement was today’s star performer in terms of volume which gained paisas 85 to close at Rs30.50.
KSE-30 Index advanced by 141 points to peg at 7,711
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