Wednesday, April 14, 2010, Rabi us Sani 28, 1431 A.H  
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 GEO Business
 Stocks end up
 Updated at: 2026 PST,  Wednesday, April 14, 2010
Stocks end up KARACHI: The Karachi Stock Exchange (KSE) benchmark 100-share index ended higher on Wednesday led by middle-tier shares following increased foreign inflows which dealers said boosted investor confidence.

KSE index rose 0.62 percent, or 64.68 points, to end at 10,570.88 points.

Volume rose to 280.93 million shares, compared with on 176.42 million shares traded on Tuesday.

"The market was buoyant today with foreign investors as the primary force," said Asad Iqbal, chief investment officer at Faysal Asset Management.

"The market should continue its bull run as long as foreign investors keep investing, a strong likelihood given the recent flows into regional markets."

According to official data, foreigners bought shares worth a net $3.48 million on Tuesday, compared with a net $1.94 million on Monday.
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