KSE gains 336 points during the week

KARACHI: Karachi Stock Exchange (KSE) was seen buoyant all through the week making a handsome gain aggregating to 336 points.

The investors during this week also remained optimistic and traded briskly taking the KSE-100 index to peak at 16,573 points at closing.

Stock market analysts said that the investors took more interest in the cement and textile sectors due to their better financial results. Besides, the stock pundits also attributed the persistent upbeat in the market to investors’ expectations relating to further cut in discount rate by the Central Bank.