Latest Pakistan News / Karachi News > Business in Pakistan – A bullish trend was witnessed in the Karachi Stock Exchange on Wednesday, and the KSE 100 index gained more than 200 points.
The 100 index saw investors and traders engaged in active buying. Brokers said that foreign investors were giving more priority in the cement and banking sectors.
According to market sources, the federal finance minister Abdul Hafeez Shaikh is expected to pay the KSE a visit along with the SECP chairman and FBR personnel after which he would apprise the investors with some good news regarding the Capital Gains Tax.
More gains are expected in the market once the tax conditions are relaxed.
Bank of Punjab, JS and Azgard saw the highest trade volume.