| GEO Business|
| KSE-100 Index inches up to 9,239 points|
| Updated at: 1934 PST, Thursday, September 04, 2008|
KARACHI: Stock trade at Karachi Stock Exchange seems to have come to a stand-still with indices barely showing any activity.
100-index edged up less than a point to close at 9,239.
The benchmark KSE-100 Index stayed range-bound all day. Positive news in the form of 1 billion dollars pledged to the government by State Bank failed to excite investors.
Speculation over sale of government-owned assets has prompted activity in energy scrips.
Trade volume remained lackluster at 24.8 million shares were traded as against 26 million yesterday.
The overall market looked flat with 55 advancers and decliners each and 104 unchanged scrips.
Members of the exchange are expected to meet on Monday, to discuss removal of the market floor and other possible measures to salvage deteriorating equity prices.