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Summary The Karachi Stock Exchange remained bullish during the week as the KSE Index rose by 270 points.
The week started bearish in the market but it transformed into a bullish trend after two days. At the last working day of the week the Index crossed the psychological barrier of 12,000 points. However, the market could not sustain the surge due to profit taking and the Index fell below 12,000 points.The majority of the trading was observed in oil, gas, power, cement, fertilizers and chemical sectors. The KSE 100 Index closed the week at 11,954 points. The trading volume of the week was 304 million shares.
