| GEO Business|
| KSE slides to 9,419.43 points|
| Updated at: 1859 PST, Wednesday, March 03, 2010|
KARACHI: The Karachi Stock Exchange's (KSE) benchmark 100-share index fell in dull trade to finish the day at 9,419.43 – lowest level in the past two months – as investors observed caution ahead of the appointment of a new finance minister coupled with a fear of imposition of a tax on share purchases, dealers said.
Stocks fell 126.95 points, or 1.33 percent, to end at 9,419.43 points on turnover of only 91.5 million shares.
The index had closed at 9,386.92 points on Dec. 31.
Azgard Nine topped the list of volume leaders at Rs15.87 with a decline of Rs41.
Meanwhile, KSE-30 Index witnessed a slide of 125 to close at 9,849.
The market analysts speculate volatility for the next one or two sessions.