KARACHI: KSE-100 index bench mark crossed six upper barriers and increased 576.63 points to close at 22451.46 on Thursday.
The brokers said that the Federal Government's attention towards improvement of law and order in Karachi and approval of 360 million Special Drawing Rights (SDRs) by IMF for Pakistan made a good impact on the share market.
The investors showed interest in Banking, Cement, Tele Communication, and Industries sectors as signification trading was witnessed in those sectors.
Active trading was witnessed in the stocks of 335 companies, of which per share value of 264 companies increased, 49 decreased while 22 remained unchanged.
Rafhan Maize XD and Unilever Food were major gainers while Nestle Pak and Khyber Textile were major losers.
Rs 232.40 increase was recorded in the stocks of Rafhan Maize XD to close at 4882.40 while Unilever Food increased by Rs 180 to close at Rs 5180.
Highest turnover of 218436340 shares was recorded in the stocks of Fauji Cement.
Market turnover remained at 218436340 shares. KSE-30 Index also increased by 477.33 points to close at 17485.53.
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