KSE-100 index rises 856.49 points to close at 44,404.70

Staff Reporter
Karachi

Bulls staged a comeback at the Pakistan Stock Exchange on Tuesday, pushing the KSE-100 index up by over 900 points in intra-day trading. The rally erased the hefty losses borne by the market a day earlier.

Earlier, trading began on a positive note as investors moved to add to their holdings. A slump was witnessed after midday, however, it was corrected in later trading.

A late session rally widened the gains and helped the index close above the 44,400-point mark.

At close, the benchmark KSE-100 index recorded an increase of 856.49 points, or 1.97%, to settle at 44,404.70 points.

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