The stock market rallied on the fourth consecutive day on Thursday due to continuous foreign and local fund managers’ support, with the KSE 100-share index closing above 28,300 points mark for the first time ever.
At local equity market, the benchmark 100-index added 404.34 points or 1.45 per cent to end the day at 28336.36 points as compared to 27932.02 points of the previous day.
Manager equity sales at Topline Samar Iqbal said prevailing positive sentiment over improving economic and external fronts kept market in the bullish zone with stocks like OGDC, PPL, POL, MCB, PSO and LUCK dominating the gains.