KSE-100 Index closes at 32,736 by gaining 488 points

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Moody’s positive outlook on a Pakistani bank’s privatisation besides Finance Minister’s hint of further easing Discount Rate (DR) guided stock’s benchmark to soar uphill as market gained 488 points.

Karachi Stock Exchange (KSE)-100 index gained 487.58 points to close at 32,736.44 points as compared to 32,248.86 of the previous session. The KSE-30 Index added 383.22 points and closed at 20,776.36 points against 20,393.14 points of last closing.