Sunday , November 18 2018
Breaking News
Home / Markets / Closing: KSE 100-index recovers 341pts, up 1.01% amid massive buying
Closing: KSE 100-index recovers 341pts, up 1.01% amid massive buying

Closing: KSE 100-index recovers 341pts, up 1.01% amid massive buying

 

KARACHI: The Karachi Stock Exchange benchmark 100-index gained 340.67 points or 1.01 percent to reach 34183.85 points and volume of 117,808,950 shares on Monday.

Till midday, the benchmark KSE-100 index started week with mammoth 356.51 points, crossing 34000 psychological barrier to reach 34199.69 points level.

Last week, average trading volumes remained thin to 175 million during the week (-1.7 percent WoW). Foreign investors also continue to remain net sellers with net outflow during the week clocking in at $19.3 million.

During the outgoing week, mutual funds and individuals were net buyers of $14.2 million and $4.9 million, respectively, while foreigners were net sellers of $20 million, taking the total YTD 2015 foreigners’ net selling to $195.8 million.

High and low were 34252.47 and 33843.18 respectively. Total volume traded in the market was 117,808,950 shares.