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KSE-100 bags enormous gains with 480.47pts, up 1.55% to close at 31491.62pts

KARACHI: The Karachi Stock Exchange benchmark KSE 100-index Monday kept bullish trend and took a mammoth jump of 480.47 points or 1.55 per cent to reach 31491.62 points with total volume of 131,701,810 shares at a value of Rs 9,293,424,710 at the closing of the day.

KSE 100-index started the day positively and surged by 0.83 per cent after adding 256 points to reach 31267 points with the total volume of 15,166,150 shares.

On the last trading day, Friday, the KSE gained 196.62 points or 0.64 percent to reach 31024.07 points and volume of 90,683,420 shares.

The political stability after end of Pakistan Tehreek-e-Insaf’s sit-in protest, IMF’s tranche have boosted the confidence of investors, and helped stocks remained in bullish trend.