KARACHI: The Karachi Stock Exchange started week with mammoth 356.51 points, crossing 34000 psychological barrier to reach 34199.69 points level till midday on Monday.
Last week, average trading volumes remained thin to 175 million during the week (-1.7 percent WoW). Foreign investors also continue to remain net sellers with net outflow during the week clocking in at $19.3 million.
During the outgoing week, mutual funds and individuals were net buyers of $14.2 million and $4.9 million, respectively, while foreigners were net sellers of $20 million, taking the total YTD 2015 foreigners’ net selling to $195.8 million.