Stock prices witnessed gains at Karachi Stock Exchange (KSE) on the opening day of the week over expectations of general elections to be held as per the schedule on May 11.
The benchmark KSE 100-share Index closed 30 points up to 19256.70 at market close on Monday.
The market opened in the green zone and at one stage it was seen hovering around 200 points up. However, the intra-day correction took away a major chunk of positive gains, leaving the main Index with 30 points up.
According to stock market analysts the capital market is upbeat over timely holding of general elections 2013. The stock traders and investors are hoping to see improvement in law and order besides foreign capital flowing into the country after the forthcoming polls.
KSE 100-share Index up 30 points
