Wednesday, September 03, 2008, Ramzan 02, 1429 A.H  
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 GEO Business
 KSE trades lackluster, despite positive trend of index ‘floor’
 Updated at: 1452 PST,  Wednesday, September 03, 2008
KSE trades lackluster, despite positive trend of index ‘floor’ KARACHI: Karachi Stock Exchange (KSE), after the index ‘floor’, appeared trading positively, yet the overall business activity doesn’t seem to be picking up, as it remained lackluster even today.

The market opened on a positive note, but the persistent political uncertainty in the country and the wait-and-see attitude of the investors in view of the impending presidential election contributed a great deal towards restraining the market to a highly cautious trading. KSE-100 index at close of business today making a nominal gain by 10 points wrapped up at 9239.

Turnover today, higher by 3.8 million shares as compared yesterday, aggregated to 12.6 million shares. Volume leader PTCL shares without any change closed at Rs31.50. Analysts said that the trading could get a boost after the presidential election, when the hovering clouds of uncertainty expected to get clear.
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