Wednesday, October 28, 2009

Karachi Stock Exchange Gains 2.44PC on Plus Results

Karachi Stock Exchagne (KSE) started the fresh week amid plus activities & the most in a month after some share out performed i.e. Habib Bank Limited & Nestle Pakistan Ltd, analysts earnings estimations the main index gained almost 200 points here on 26-10-2009.

Market analysts that the most of the corporate results are either coming in line or beating the analysts estimation. This positive start se the tone for the rest of the day where local funds and offshore investors looked busy in buying activities which helped the main index to stay in the green zone all day long. where at one stage towards the end, it touched the intraday highest level.

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