Saifullah Sani
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The local bourse sustains the bullish trend as the benchmark 100-share index of Karachi Stock Exchange (KSE) closes above 29000 mark for the first time on Thursday.
Continued buying helped the main Index surge by 1.07 percent, or 309.53 points to finish at 29,250.54.
The stock market witnessed a vigorous injection of foreign investment as rupee also showed a continuous and sustained growth against dollar.
PSO and Engro Corporation Limited drew strong flows of investment from traders as the scrips advanced by 5 percent to Rs442.02 per share and 4.86 percent to Rs214 respectively.
The Pakistan rupee value gained to finish at 97.25/97.30 against the dollar compared to yesterday’s close of 97.80/97.90.
Bulls push Pakistan capital market beyond 29000 mark - thenews.com.pk
Continued buying helped the main Index surge by 1.07 percent, or 309.53 points to finish at 29,250.54.
The stock market witnessed a vigorous injection of foreign investment as rupee also showed a continuous and sustained growth against dollar.
PSO and Engro Corporation Limited drew strong flows of investment from traders as the scrips advanced by 5 percent to Rs442.02 per share and 4.86 percent to Rs214 respectively.
The Pakistan rupee value gained to finish at 97.25/97.30 against the dollar compared to yesterday’s close of 97.80/97.90.
Bulls push Pakistan capital market beyond 29000 mark - thenews.com.pk
