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Showing posts from June 27, 2009

KSE closes at 7163 up 34 points

Karachi Stock Exchange (KSE) 100-index closed over 7100-point level, as the last trading session on the last day of week ended in positive zone. Today the market began in possible territory and the same trend lasted in both the session. On one point, the benchmark index was witnessed touching 7217-point level; however, the investors preferred selling owing to the last day of the week, which forced the index to close at 7163 up 34 points. The trade volume today was 150 million shares, of them, the most activity was seen in Arif Habib Bank shares, which closed at Rs7.41 up 97 paisa. The experts said the bullish market may cruise its journey into the next week as well.