The stock market remained in bullish on Friday after its spectacular performance on Thursday
The KSE-100 index added 47.78 points to settle at 30,224.89 on the last session of the week. Foreign inflows amounted to $2.37 million.The otherwise dormant local institutions and individual investors played on both sides, though the volume was down 33 per cent over the earlier day to 137m shares.
The market remained bullish ahead of today’s monetary policy announcement, which most expected would let the policy rate unchanged.
The initial success of the military operation in North Waziristan and cohesion between the army and the government on the matter kept up investor confidence.
