Karachi bourse rebounds to hit fresh all-time peak

Pakistan's Karachi Stock Exchange (KSE) rose from the latest wave of profit-booking on Wednesday to close at a fresh all-time high over 33,500 points as institutional buying was witnessed in Engro Corporation.
The benchmark KSE 100-Index surged by 0.64 percent or 214.46 points to 33,585.75 points on Wednesday when compared with 33,371. 29 points recorded on Tuesday.
The KSE All Share Index gained 0.47 percent or 114.78 points to 24,366.38 points, the KSE 30-Index increased by 0.54 percent or 116.76 points to 21,703.9 points, whereas the KMI 30-Index swelled by 0.38 percent or 201.3 points to 52,631.15 points.
During Wednesday's trading session, the key index touched an intraday high of 33,629.13 points as against an intraday low of 33, 371.29 points.