24-02-2005

Karachi Stocks Cross 8,000 Points at All Time High

via www.dawn.com

The Karachi Stock Exchange broke all previous records on Wednesday when dividend-driven buying euphoria was further intensified amid unprecedented price flare-up. It finally closed at 8,180.79 points as compared to previous 7,925.70 points, up 255.09 points, signalling that it may not be the end of speculative trading and bargain-hunting, which is dominating the market since January.