KSE recovers very next day of decline as 200 points increased

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KARACHI: Somewhat relaxing news appeared from Karachi Stock Exchange (KSE) as it recovered very next day of outstanding decline on Tuesday( today).

As many as 200 points were added in the KSE 100 index mark which showed bullish trend at the KSE after loss of around more than 1000 points on Monday.

Now with addition of the points KSE 100 index stood at 32,700.

It was said that the KSE declined yesterday due to political uncertainty, implementation of new taxes in coming budget and opening of NAB probe against brokers.