Karachi: The Karachi Stock Exchange has again seen surge, with the benchmark 100 index crossing the mark of 18,500 points, here on Wednesday (today).
During the day, the market witnessed increment of 147 points and soon after, it reached 165 points, indicating persistent hype in trade. The current market stats stand at 18,511 points.
Investors and observers attribute the development to the forthcoming general elections and positive environment created by its arrangements.
However, some plunging of the shares can also be predicted owing to the usual uncertainly during the polls.
Increment of 200 points
An addition of 200 more points has been recorded at the local exchange.
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