| GEO Business|
| Bearish trend prevails at KSE|
| Updated at: 1640 PST, Wednesday, October 22, 2008|
KARACHI: Karachi Stock Exchange (KSE) skidded low, as the KSE benchmark100
index witnessing a nominal decline of three points closed at 9,183 points on Wednesday.
The market today opened in the negative zone and remained under pressure throughout the day.
The turnover at the local bourse stood at 123,000 and the highest trading today was seen in the scrips of Gharibwal Cement whose share remained unchanged at Rs17.90.
Meanwhile, the 30-index witnessing no change remained at 10,042 points.
Analysts believed that the market might seesaw until next week.