Stocks Observer. com

KARACHI: Bulls continued to dominate the trading session at the Karachi stock market on the last trading day of the week Friday due to support from continuation of intense buying activities on economic fundamentals and US Senate’s confirmation of $4 billion increase in aid to Pakistan. The Karachi Stock Exchange (KSE) 100-share index surged 241.79 points or 3.36 percent to close at 7,432.88 points as compared to 7,191.09 points traded in the previous session. The KSE 30-share index gained 261 points and closed at 8,064.16 points as compared with 7,803.16 points of the previous session. The KMI 30 index also increased by 324.27 points to close at 10,519.84 points as against 10,195.57 points of the previous session. The market turnover increased by 13.47 percent and traded 330.15 million shares as compared to previous session’s 290.94 million shares. The overall market capitalisation went up by 3.28 percent and closed at Rs 2.235 trillion as compared with Rs 2.164 trillion traded in the ...