| GEO Business|
| Bullish KSE100-index posts 100 points|
| Updated at: 1213 PST, Thursday, April 01, 2010|
KARACHI: The foreign investors continued buying at Karachi Stock Exchange (KSE), which pushed the benchmark 100-index up by over 100 points, Geo News reported Thursday.
The KSE-100 index posted gains to cross 10300-point level which is 19-month highs buttressed by the recent foreign buying.
March 2010 witnessed new consistent buyings by foreign investors worth a total of $113 million. Earlier in September 2009, $127 million of buying was recorded in a single month.
In comparison, Indian stock market saw new buying of $4.40 billion in March; of which the foreign buying in Pakistani stock market in the same month is just 2.5 percent; however, this fresh buying has persistently maintained the 100-index at 19-month high level.