KSE 100-index gains 300 points after political certainty
The KSE 100-index added 300 points with buying of shares by financial institutions when it opened after a closure on Independence Day.
The latest bullish trend led 100-index crossed by 28,000 points. Analysts said stocks plummeted by 1300 points at the start of Friday session, which was a record fall.
Earlier on August 13, the rupee fell to hit the 100-to-a-dollar level in the currency markets due to ongoing political uncertainty.