KARACHI: Bulls dominated the stock market on Thursday as the KSE-100 index rallied and gained 504 points. The bourse managed to cross the 34,000-point mark for the first time since July 2019.
At close, the benchmark KSE 100-share Index recorded a rise of 503.96 points, or 1.5%, to settle at 34,027.70 points.
Overall, trading volumes increased to 261.6 million shares compared with Wednesday’s tally of 237.7 million. The value of shares traded during the day was Rs8.5 billion.
Shares of 400 companies were traded. At the end of the day, 247 stocks closed higher, 132 declined and 21 remained unchanged.
