KSE 100 crosses 40,000 at the open

The benchmark KSE 100 index of Pakistan Stock Exchange on Wednesday crossed 40,000 mark at open with expectations of tax cut on sale and purchase of shares besides Ease of Doing Business (EoDB) and the measures to slice import bill of the country in the mini budget today.

At the beginning of trading session at 10.20 a.m KSE 100 index with 245 points jump or (+0.62%) points crossed 40,150.

Nearly 33,593,650 shares traded with value of Rs. 1.2 billion.

Shares of the Banks, Transport, Chemical and Oil and Gas sector pushed the market in green zone.