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Reading: Bulls shatter another record and push index over 32,000 points
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PhotoNews Pakistan > Business > Bulls shatter another record and push index over 32,000 points
Business

Bulls shatter another record and push index over 32,000 points

Web Desk
By Web Desk Published December 5, 2014 1 Min Read
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Bulls continued their record-shattering stampede yesterday, tossing the KSE-100 index to new all-time high at 32,090.93 points.

Volume was again high at 378 million shares against the average daily turnover of 208m shares to date this year.

Net foreign portfolio inflow on Friday amounted to $0.44m.

Stock broker Aqeel Karim Dhedhi (AKD) also said that the low inflation, which had given rise to discount rate cut and the possibility of further decline in inflation with further rate cut was the major market booster for investors’ visualised sharp growth in profitability of market across all sectors, particularly those with big loans on their balance sheets.

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