KSE 100-index crosses 10,000

The KSE-100 Index crossed the 10,000 mark on Monday, but later closed at 9,988 points.


Express July 12, 2010
Shares of 382 companies were traded. At the end of the day, 151 stocks closed higher. PHOTO: FILE

KARACHI: The KSE-100 Index crossed the 10,000 mark on Monday after which it dropped several points to later climb to just 12 points short at 9,988 points.

The market rose by 2.9 percent during the last five trading sessions, the highest in 17 weeks. Analysts expect it to remain buoyant this week.

During the week ending July 9th, the benchmark KSE-100 Index rose due to expected positive developments, as leverage products were re-introduced into the market.

The top three companies were Byco Petroleum, DG Khan Cement and Jahangir Siddiqi in that order, while the exchange volume during was 68 million.

COMMENTS

Replying to X

Comments are moderated and generally will be posted if they are on-topic and not abusive.

For more information, please see our Comments FAQ