| GEO Business|
| KSE-100 Index gains 186 points on fresh buying|
| Updated at: 2045 PST, Wednesday, June 16, 2010|
KARACHI: Karachi Stock Exchange (KSE) witnessed fresh buying on Wednesday, pushing the KSE-100 Index by 186 points to finish at 9,437.
Today, the share market began 42 points up and soon shot up by 231 points on reports of recommendations of a standing committee of senate against imposition of Capital Gains Tax (CGT). Later, some of the gains were trimmed on non-confirmation of these reports and the Index closed at the current level.
The trade volume stood at 99.3 million shares with Lotte Pakistan leading the actives in terms of volume at Rs8.96, up by paisas 25.