Rising trends continue at the stock exchange

Stockbrokers sit under a digital board at the Karachi Stock Exchange July 8, 2010. PHOTO: REUTERS

KARACHI: After a bullish rally on Wednesday with a close at 215 points above par, the KSE-100 Index showed positive signs on Thursday as well.

The benchmark 100-Index closed with a gain of over 70 points closing at 9,860 with Lotte Pakistan, Jahangir Siddiqi and Byco Petroleum on top of the list of the 100 companies.

The All-Share Index closed with a gain of 50 points while the total exchange volume during the day was 80 million.

The KSE-100 Index recorded large gains based on a rally by the banking, oil and fertiliser sector.