Slow day at the stock market
A bearish trend prevailed at the Karachi Stock Exchange amid the retardation of global economic recovery on Monday.
Shares of 341 companies were traded. At the end of the day, 148 stocks closed higher. PHOTO: FILE
KARACHI:
A bearish trend prevailed at the Karachi Stock Exchange amid the retardation of global economic recovery on Monday.
The KSE-100 closed at 9642 with a 60-point loss with only 15,000 trades took place during the day.
The top three companies on the 100-Index were Amtex, Bank of Punjab and Jahangir Siddiqi.
The All Share Index was down by 40 points, while around 16,000 stocks and 500 future were traded in the day.