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KSE falls 0.32% as 100-index sheds 106pts in early trading

byMati ur Rehman
05/05/2015
in Markets, Stock Exchange
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KARACHI: Karachi Stock Exchange Tuesday suffered another loss of 106.38 points in early trading as the benchmark KSE 100-index dropped 0.32 per cent to 33617.15 points.

On Monday stocks closed flat amid consolidation post quarter end earnings announcements at KSE. Political noise gripped the trading activity after election tribunal ordered re-poll in a Lahore NA seat.

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Bulls dominated the market for most of the day, as the market took a nosedive in the last half hour where the index lost almost 300 points. The market closed down 6.43 points and to close at 33,723.53 points.

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