Bulls prevail in Karachi stocks

Karachi stock market witnessed bullish trend on Monday as the benchmark 100 index surged by 197 points.The business activities started on positive note at the start of a new business week. Investors showed interest in buying as some good financial results were announced by some of the companies keeping the market in positive zone. The KSE-100 index closed at 9348, up 197 points with trade volume of 196.1 million shares. Pak PTA remained volume leader with 53.5 million shares and share price of Rs 6.69, up Rs 0.62.