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