Karachi stocks remain bullish amid rating improvement

Bullish trend was witnessed in Karachi stock market today as the benchmark 100 index closed at 7,995.10, up 62 points. The business activities started in positive zone on Tuesday after improvement of Pakistans credit rating by Moodys investor services left a positive impact on the market. Investors and financial institutes showed interest in buying and at one point the market crossed a psychological barrier of 8000 points. However market closed at 7,995 points, up 62 points with trade volume of 106.8 million shares. DG Khan cement remained volume leader with 18.8 million shares at Rs 34.34 per share, up Rs 1.02.