KARACHI: KSE-100 index gained 138.62 points and closed at 34151.11 points as compared to 34012.49 of the previous session.
Pakistan equities opened down and lost near 2.6% at open after weekend budget. Cements hit upper price limits on excitement over higher public spending allocation and pro-growth strategy outlook by the government.
First few hours of the trading activity saw index losing more than 800 points with major stocks at their lower limits. Interest of investors was on its peak with 449 million traded, after a period of more than 7 months with cements churning out 94 million shares.
The market volume increased to 449.97 million shares as compared to 333.656 million shares traded in previous session. The overall market capital rose to Rs 7.359 trillion as compared to Rs 7.326 trillion of previous session.
