Markets surge breaks another record to reach 13-month high.

KARACHI -- The stocks maintained their upward trend on Tuesday as the trading began on a higher note and touched an intra-day peak of 42,056 points before calming, showing mixed inclinations towards excitement and caution.

The stock market trading continued to soar as buyers flooded in, helping the KSE-100 index march past 13-month high to close at 41,644 points on Monday.

The bullish attitude that concluded Monday's trade is still very much in trend in the early hours of Tuesday and the market is cruising at over 41,700 points, gaining over 728 points (1.78 percent) since it had closed on Friday last week.

The analysts have attributed the gains to macro-economic indicators that suggest improvements and relative calm in political trends with nothing...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT