Tuesday, January 5, 2010

Bull-run at KSE, index gained 220 points











KARACHI: First positive activity of the New Year was witnessed at the Karachi Stock Exchange (KSE) on Tuesday as index crossed 9,600 psychological level.

Market kicked-off the day in green zone and benchmark remained positive throughout the session. Investors preferred buying in energy stocks.

Stocks closed 220 points above at 9,657 points. Market turnover remained 190 million shares.

The newly listed Ghani Gases was crowned as the volume leader, up by Rs11.79/share to close at Rs21.79.

Experts said market may continue to move upward in upcoming sessions.

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