KARACHI: Karachi Stock Exchange shrugged off overnight losses and showed tremendous resilience, taking the KSE-100 index to 30318.06 with a gain of 93.44 points or 0.31% in the early trading on Wednesday.
The market opened on a positive note and appeared to have left the overnight marginal losses behind. The trading started at 30225 and the KSE-100 index kept upward march to reach 30318 points with a considerable gain of 93 points.
It is to be noted that institutional profiting-taking had led the market to red zone on Tuesday and the index had lost 13 points.
At close, the Karachi Stock Exchange’s (KSE) benchmark 100-share index dropped 0.04% or 13.34 points to end at 30,225.62