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KSE 100-index sheds 85pts to reach 31694pts as PTI shuts down Karachi

byCustoms Today Report
12/12/2014
in Markets, Stock Exchange
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KARACHI: The Karachi Stock Exchange Friday remained in bearish note as Pakistan Tehreek-e-Insaf (PTI) shut down the country’s business hub and biggest city, Karachi, for demanding Judicial Commission to probe into the election rigging.

The country’s biggest stock exchange opened with negative note and lost 122 points in early trading.

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On Thursday, the KSE 100-index lost just 1.90 points or 0.01 percent to close 31779.75 points and volume of 156,845,190 shares. Yesterday, the market opened at the overnight closing on a positive note after the government announced hold talks with Pakistan Tehreek-e-Insaf which rekindled the hope for an amicable resolution of the political unrest that had seen violent clashes and war of words.

Tags: benchmark KSE 100 indexjudicial commissionKarachi Stock ExchangePakistan Tehreek-e-Insaf (PTI)

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