6:54 AM

 KSE fails to maintain 10,000 level, gains 59 points
 Updated at: 1731 PST,  Tuesday, January 19, 2010
KSE fails to maintain 10,000 level, gains 59 points KARACHI: The Karachi Stock Exchange (KSE) crossed 10,000 points psychological barrier after a gap of 17 months on Tuesday, however, benchmark-100 was unable to maintain the level before closing.

The local equity market kicked-off the day in green zone and index remained in limelight throughout the session. Investors took new positions in fertilizer, energy, banking and cement sectors, while benchmark touched intraday highest level of 10,002 points before closing the day at 9,954 points with a gain of 59 points.

Total market volume inched up to 218 million shares. Meanwhile, Lotte Pak was witnessed as the volume leader, up by Rs0.76/share to close at Rs10.31.

Market experts said renewed buying spree could increase business activity at the local bourse in upcoming sessions.

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