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KSE gains 152 points
May 03, 2012
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KARACHI – Stocks were closed with healthy earnings ignoring the political tussle because the investors hope the new budget will bring relief to the industrial sector.

Karachi Stock Exchange benchmark (KSE-100) index acquired 152.14 points or 1.09 percent and closed the index at 14,142.52 points as compared to 13,990.38 points of the last working day on Monday. A stock analyst comments that the active trading in global stocks and commodities made the investors to take interest in KSE index and are further waiting for the federal budget. KSE-All share index added 113.00 points or 1.15 percent to end the day at 9,925.71 points, KSE-30 share index up 114.16 points or 0.93 percent to close the day at 12366.32 points while the KMI-30 share index increased 205.83 points or 0.85 percent to finish the session at 24,431.70 points. The brokers at KSE reported that the institutional buying in Engro, DGKC and PTCL market made it possible to close the market above 14,000 points level.

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