Kse-100: Bulls lift index to cross 45,000 mark
Pakistan, April 10 -- Bulls continued to dominate Pakistan Stock Exchange (PSX) for the second day, as stocks extended their gains to lift benchmark kse-100 index by 445.12 points by the closing bell to cross 45,000 mark.
Senior Vice President, BMA Capital Management Limited, Irfan Saeed said that Friday's gains were primarily linked to a technical bounce back as the index was projected to cross 45,200 level, but warned that technical correction can be witnessed in the next session, as profit taking is expected at this level. Mr Saeed, however added that the current uphill trajectory of the index can also be linked to upbeat investors sentiments, who are expecting strong financial results season, specifically for the cement and steel sec...
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