KARACHI: The Karachi Stock Exchange (KSE) began its routine trading on Tuesday morning after a two hours unexpected delay, DawnNews reported.

On the very first day of the new fiscal year, KSE suffered a fault in its technical system, which put the trading at a complete halt.

According to the KSE staff, the system was back into a functioning gear after two hours.

Deputy Manager Haroon Askari said that if trading begins after 9:30am then the KSE was bound to extend Tuesday's session to 30 minutes.

Askari also said that pre-trading would resume as soon as the system was restored.

The interruption came a day after the KSE-100 index went up by 308.77 points to 29,652.53 mainly owing to a heavy subscription to the offer of 70m shares of PPL by the Privatisation Commission.