Business Services Industry

KARACHI STOCK MARKET STAGES RALLY.

AsiaPulse News, September, 2003

KARACHI, Sept 10 Asia Pulse - The market for the second consecutive session recorded handsome rally after share prices of Pakistan Oilfields and National Bank of Pakistan posted a significant rise of 7.4 per cent on Tuesday.

The KSE-100 index showed an increase of 40.93 points, or 0.91 per cent, to 4546.97 from 4506.04.

The volume amounted to 536.288 million shares against 469.666 million shares of Monday.

The market capitalisation reached Rs 1,008 billion from Rs 999 billion.

Smart rally in Pakistan Oilfields and National Bank of Pakistan helped the market to sustain above 4500 level.

Pakistan Oilfields for the last couple of weeks is in the buying chart of buyers and speculative forces on perception that the company might pay...

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