17-02-2005

Karachi Stocks Hit 7,500 Points

via www.dawn.com

The huge share volume figure reflects that the market has pulled itself out from the state of uncertainty on the strength of all-round buying, leaving far behind the lean period when the single session volume has dropped to all-time low of 15.141m shares on Sept 3, 2001. The index finally finished around 7,508.80 points as compared to 7,403.00 a day earlier, up by 106 points, reflecting the strength of leading bank shares, PTCL, OGDC, PSO and some other energy and cement shares.