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KSE plummets 153pts, down 0.46% on vigilant trading

byShahid Imran
18/05/2015
in Markets, Stock Exchange
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KARACHI: The Karachi Stock Exchange benchmark 100-index lost 153.14 points or 0.46 percent to reach 32886.06 points and volume of 59,856,140 shares on Monday.

In midday trading,  stock exchange remained in bearish trend as KSE benchmark 100-index lost 118.39 points to reach 32920.81 points level.

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After witnessing ups and downs in trading during the previous week, the Karachi Stock Exchange again started week with the negative note as 100-index shed 38.94 points to drop to 33000.26 level, with the total volume of 11,869,300 shares.

During the last week, the stock market observed a bearish week as a number of unwanted events affected the benchmark KSE-100 index, resulting in a decline of 703 points (2.1%).

The week started off on a disastrous note after reports emerged that market brokers were under investigation for insider trading and the situation did not improve much later in the week following a terrorist attack in Karachi.

High and Low were 33098.95 and 32843.66 respectively. Total volume traded in the market was 59,856,140 shares.

 

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