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 Closing: KSE-100 adds another 197pts, up 0.64% to regain 31,000pts status

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PostSubject: Closing: KSE-100 adds another 197pts, up 0.64% to regain 31,000pts status   Sat 20 Dec 2014, 12:11 pm

KARACHI: The Karachi Stock Exchange benchmark KSE 100-index gained 196.62 points or 0.64 percent to reach 31024.07 points and volume of 90,683,420 shares on last day of trading, Friday.
The KSE gained 16 points to reach 30843.58 till midday as the 100-index touched the maximum level of 30909.65 and minimum level of 30756.22 points. Earlier, the country’s largest stock market started with positive note and gained 35.70 points or 0.12 per cent to reach 30863.15 points with the total volume of 8,344,090 shares on the last trading day.
As a whole 27.47 per cent of companies witnessed increase in their shares while 27.63 per cent lost their share value and 2.47 percent companies remained stable.
High and Low were 31037.62 and 30756.22 respectively. Total volume traded in the market was 90,683,420 shares.
Federal Minister for Planning, Development and Reforms Ahsan Iqbal on Thursday welcomed the decision of the Pakistan Tehreek-e-Insaf (PTI) to end the sit-in, saying the government would never retract the promise of negotiationsc
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