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KSE sees volatility as 100-index drops to 35720pts till midday

byMatiur Rehman
03/08/2015
in Markets, Stock Exchange
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KARACHI: The Karachi Stock Exchange witnessed volatility in trading as benchmark KSE-100 index lost 21.65 points to drop to 35719.87 points level till midday.

The stock saw highest trading level of 35821.26 points and lowest level of 35703.25 points, with the total volume of 48,724,490 shares, having Rs3,950,135,879 value.

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Earlier, the KSE started flat as 100-index gained 2.44 points to remain at 35743.96 points level, with the total volume of 10,112,950 shares.

Last week, the KSE witnessed higher volatility as rumours regarding SECP taking notice of abnormal activity in small cap stocks created uneasiness in the market. The KSE-100 index closed the week down 0.2pc WoW at 35,741 with average daily volumes clocking in 39pc WoW lower at 403m shares/day.

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