For the first time in the stock market index reached 34843 points
Karachi: inflation reduction in the government’s oil and gas tariff increase due to factors such as the Karachi Stock Exchange (KSE) on Wednesday also remained bullish continuation.
3-month intervals after the index reached the highest level of 34843.61 points, 7.86 percent, while prices had risen more than 80 billion shares worth Rs 10 crore 22 lakh 63 thousand 265 increased. Experts said utajran stock purchase shares of cement and fertilizer sector activities have a positive impact on market growth.
During the trading banks and financial institutions, and other organizations on behalf of individual investors on the overall capital worth $ 60 million 50 thousand 783 were evacuated. But the withdrawal of the market throughout the period in positive zone is because the foreigners from 18 million to 22 million and 516 million, local companies from 59 lakh 49 thousand 432 dollars, mutual funds from 14 million 59 thousand 984 dollars and NBF PCs from 4 56 thousand 167 million dollars were invested to date.
Graph of the market which is rapidly moving towards, at the business end of the KSE-100 index gained 444.75 points at 34843.61. The KSE-30 index rose 328.74 points to 21902.16 and 58161.36 Mi-30 index was increased by 890.02 points, 8.39 percent higher than Tuesday’s turnover. Overall, 37 million shares and 63 million 610 deals, while business activity remained limited to 361 shares. Including 245 in negative, 99 declined and 17 remained unchanged.