KSE bullish on weekend

Dunya News

The Karachi Stock Market (KSE) showed bullish trend on weekend as 100-index up by 20 points to close the week at 12,431.91 points. KSE ended higher but down from the day's peak trade, as investors opted to sell shares before the close ahead of the weekend. Dealers said this encouraged investors to grab shares at attractive levels. Share prices looked attractive after yesterday's decline and investors benefited from the opportunity, said Omaer Sheikh, a director at brokers Crosby Markets. However, dealers said investors opted to exercise caution and sold shares to book profits towards the end of trading.