KSE gains 100 points

Published June 11, 2002

KARACHI, June 10: The Indian peace overtures on Monday pushed KSE 100-share index up by 6 per cent or 100.43 points closing at 1,791.72 points.

Plus signs were spread all over the list, although bulk of the buying remained confined to the two volume leaders Hub-Power and PTCL, which holding 43 per cent weightage in the index together accounted for 131m shares, out of the total volume of 222m shares.

In India, the benchmark 30-issue Bombay Stock Exchange index closed at a three-week high, gaining 1.92 per cent, and the broader National Stock Exchange 50-share index rose 2 per cent.

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