The benchmark KSE100 index crossed the 17,000-point level during intra-day trading for the first time in country’s history on strong investor’s sentiments. At 11:20 am, the KSE100 index was trading at 17,007.95 points with a volume of 33.26 million shares.
Market traders said that market sentiment is resilient as investors believe that the economic growth will pick up following a cut in key interest rate by 50 bps to 9.5 percent by the central bank earlier this month. So far lands mark achieved for 2012.
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