Friday, January 30, 2009

Share market upbeat at weekend; KSE gains 194 points

KARACHI: Investors continued to invest in their favorite stocks at Karachi Stock Exchange (KSE) on Friday, contributing 194 points to the benchmark KSE-100 Index which closed at 5,377.The stock market opened upbeat and the positive trend continued in both the sessions of the last trading day of the week.The trade volume stood at 190 million shares today.NIB bank was star performer in terms of volume which gained paisas 61 to close at Rs5.93.According to market analysts, the investors looked active in the share market on reports regarding easing of discount rate in the new monetary policy.

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