KSE remained bullish this week

Dunya News

An acute bull run was witnessed at the Karachi Stock Exchange (KSE) this week and the 100-Index closed at 9,664 points with a collective addition of 227 points. Due to Eid holidays, the market opened for only two days. At least 295 points were added in the market on Thursday due to heavy buying. However, market dropped 49 points because of profit-taking on Friday. Investors were confident due to expectations of FoP aid and ease in the monetary policy. Total business volume remained 420.20 million shares daily, which was the highest level since last four months. During current week, foreigners invested $20.22 million into Pakistani market while pulled out $10.47 million.