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History made as KSE (Pakistan) crossed 10,000 mark.
Contributed by: G3nu1n3, at 3/14/2005 10:51:00 PM.

History made as Karachi Stock Exchange crossed 10,000 mark.

Heavy buying in energy and telecom shares amid confidence on the country's privatisation plans took Pakistan's main index beyond 10,000 points for the first time on Monday. The benchmark Karachi Stock Exchange 100-share index gained another 4.13 per cent, or 396.44 points, to a fresh lifetime high of 10,000.17 points. "The confidence of investors in the stock market is sky high right now, and they feel that the index has room to gain further in the near future," said Shuja Rizvi, haed of institutional sales at Capital One Equities.

Courtesy : Dareecha

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  • 10,000 and still going strong. call me stupid but I bailed out of the market at around 7500 after recovering my profit. I think I should have stuck out longer but who can tell the ups and downs on stock gambling ;)

    By Blogger Teeth Maestro, at 3/14/2005 11:03:00 PM  

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