Karachi Stock Exchange jumps amid high volume trade

KARACHI: A rallying banking sector landed Karachi Stock Exchange (KSE) in the green zone amid high volume trade here on Tuesday, Geo News reported.

The benchmark KSE-100 Index closed higher with a boost of 1.15 percent, or 201.37 points, at 17,693.37 points.

According to analysts a consolidating cotton prices came to give textiles a leg up in Tuesday’s trade.

By the time the traders called it a day Muslim Commercial Bank Ltd had jumped by 3.14 percent to Rs188.75 while Nishat Mills Ltd by 4.99 percent to reach Rs81.99.