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KSE-100 Index drops 39.39 points to reach 34499.06; textile sector lags behind others

byShazad Ahmed
28/01/2015
in Markets, Stock Exchange
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KARACHI: The benchmark KSE-100 Index depreciated 39.39 points or 0.11 percent in the early trading on Wednesday to reached 34499.06 points while High and Low were 34542.08 and 34478.36 respectively with the textile sector lagging behind all other sectors on the Karachi Stock Exchange.

In spite GSP Plus status awarded to the country last year by the European Union, Pakistan’s textile sector is lagging behind all other sectors on the Karachi Stock Exchange (KSE) with its almost 50 scrip recording zero turnover.

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