KSE index goes up

Published December 20, 2002

KARACHI, Dec 19: The KSE index on Thursday extended gains on fresh heavy buying in PTCL and Hub-Power closing up by 34.32 points at 2,535.44.

It consolidated itself above the crucial index level of 2,500 points as the local financial institutions and the foreign funds continued to build up long positions in both the market leaders amid hectic trading.

At one stage, it rose to 2,572.23, indicating that it may breach through the barrier of 2,600 index level but at this level bargain-hunters moved in and pushed it down to the closing level.

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