Swing trend jacks up stock market 51 points

Bullish trend again witnessed in Karachi Stock Exchange on Tuesday when most of the time bourse hanged in the balance and observed a seesaw where self-assured investors remained busy in share trade frequently and propel the market to land into positive column at the closing time which gained 0.9546 per cent following the buying in leading scrips by government institutions as well as local investors.

The Karachi Stock Exchange’s benchmark KSE-100 index gained 50.92 points to close at 5,384.87 points as compared to 5,333.95 points on Monday. Volume remained at 140,966 million shares significantly downward compared to Monday’s 177.966which is far below the average of 250 million shares traded daily last year.

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