The Karachi stock market continued to witness a firm trading session on Thursday as investors
took positions in scrips across-the-board on expectations of no change in interest rate in the upcoming State
Bank's monetary policy due to be announced by the end of the week
The Karachi Stock Exchange (KSE) 100-share index gained 76.19 points or 0.66 percent to close at
11,564.25 points as compared to 11,488.06 points of the previous session. The KSE 30-share index also rose
92.95 points to close at 11,271.29 points as compared with 11,178.34 points.
"Following regional markets the KSE also continued to move upward with low volumes," said Topline Sec
analyst Samar Iqbal. "National Bank of Pakistan continued to attract investors' attention on back of better
valuations. It was followed by Lotte Pakistan PTA which gained 1.2 percent." E&P sector also remained in
lime light due to rise in international oil prices, he added.
