KSE-100 Index hits 19-month high

Continued foreign investment in the local stocks Friday pushed the benchmark KSE-100 Index up by 170 points to a 19-month high at 10,416. The main Index began its march ahead with green numbers and sustained the positive trend throughout the two sessions. The Index touched the intra-day high level at 10,430 but closed a bit lower at 10,416 at the closing bell which is the highest level since August 2008. The investors were seen taking particular interest in fertilizer and banking sectors. The market turnover was recorded at 200 million shares with TRG Pakistan hitting the top slot in the list of todays volume leaders at Rs4.25 with a gain of paisas 42. On the other hand, KSE-30 Index climbed 181 points to finish at 10,680.