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Home Markets Stock Exchange

Opening: KSE sheds 324.94 points on Qadri’s ultimatum

byCustoms Today Report
28/08/2014
in Stock Exchange
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KARACHI: Bearish trend continued at Karachi Stocks Exchange and 100-index lost another 324.94 points to 27486.41 in 2 hours trading on Thursday.

Imran Khan and Tahirul Qadri’s ultimatum to the government dragged down the market by 1400 points in 3 days and 2 hours trading on Thursday.

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Investors seem to be fearful over ongoing political drama which spurred the selling pressure. Investors will keenly look at foreign portfolio flows as any large outflow will induce more selling from local participants.

Tags: 100-indexDawnFBRKSEsharesstocks

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