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Opening: KSE remains in bearish trend; 100-index loses 106pts

byMatiur Rehman
07/09/2015
in Markets, Stock Exchange
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KARACHI: The Karachi Stock Exchange took a negative start by dropping 106.27 points as 100-index down by 0.31 per cent to reach 33784.81 points level on Monday.

On Friday, the benchmark KSE-100 index closed 1.6 percent WoW lower with average trading volumes too clocking in 3.7 percent WoW lower at 289 million shares per day. During the week, average daily volumes declined by 4 percent, whereas traded value declined by 11 percent to (Rs12.4 billion. On Friday volume fell to 10 weeks low of Rs9.6 billion versus this year average of Rs13 billion a day.

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