| GEO Business|
| Bears return to KSE; Index slips 85 points|
| Updated at: 1751 PST, Wednesday, June 09, 2010|
KARACHI: Bears returned to the local equities market Wednesday causing the benchmark KSE-100 Index down by 85 points to finish the day at 9,678.
The share market opened downbeat and remained tightly in the grips of bears throughout the session as investors opted for trimming their stake due to complications in the procedure of submitting capital gains tax.
The trade volume was recorded at 120 million shares with Lotte Pakistan topping the list actives at Rs9.61, down by Rs1.
Meanwhile KSE-30 Index shed 82 points to peg at 9,665.