KSE Index Crosses 8000 Level
August 11, 2009 by Trend PK
Filed under Business News
KARACHI: Aggressive buying at the local capital market pushed the benchmark KSE-100 Index above 8000 level which closed at 8,082 on Monday.
The stock market opened upbeat and remained in the green territory throughout the session on approval of additional loan by the IMF board and expectation of receiving the aid soon. Investors actively took positions in energy and cement sectors.
The KSE-100 Index has crossed the level of 8,000 points for the first time in the last eight months.
The trade volume was recorded at 180 million shares today.
OGDC emerged as today’s volume leader which advanced by Rs4.50 to Rs94.68.
KSE-30 Index surged by 285 points to finish the day at 8,628.
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KSE Index Crosses 8000 Level
