KSE 100-share index rises to historic high
The benchmark index rose by 1.52% or 412.68 points, reaching an all-time high of 27,572.59 points.
The benchmark index rose by 1.52% or 412.68 points, reaching an all-time high of 27,572.59 points. PHOTO: INP
KARACHI:
The Karachi Stock Exchange’s (KSE) benchmark 100-share index reached an all-time high of 27,572.59 points on Tuesday.
The index rose by 1.52% or 412.68 points, reaching the highest level recorded in its history.
The Index has been gaining strength since earlier this month after rupee appreciation in the interbank market as investors expected exchange gains to further augment earnings in the coming quarters.
On March 20, the index ended at 27,148.52 points after falling 0.40% or 110.16 points.
Earlier this month, the index rose 1.06% or 284.03 points to end at 27,176.26 on March 10.
The Karachi Stock Exchange’s (KSE) benchmark 100-share index reached an all-time high of 27,572.59 points on Tuesday.
The index rose by 1.52% or 412.68 points, reaching the highest level recorded in its history.
The Index has been gaining strength since earlier this month after rupee appreciation in the interbank market as investors expected exchange gains to further augment earnings in the coming quarters.
On March 20, the index ended at 27,148.52 points after falling 0.40% or 110.16 points.
Earlier this month, the index rose 1.06% or 284.03 points to end at 27,176.26 on March 10.