Saturday, 8 November 2008

KSE Remains in Doldrums

This news updete by geo.tv




KARACHI: The market turnover hit its lowest at Karachi Stock Exchange (KSE) this week as the news of new president’s election in the United States failed to prompt investment activity.

The investors continued to adopt caution due to the presence of lower cap on the benchmark KSE-100 Index.

The turnover was seen at its lowest level at 78,500 shares on the last trading day of the week and the Index witnessing no change closed at 9,183 points.

Analysts believed that activation of market support funds could breath new life into the current almost stagnant market activity.



Via news

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