Karachi stocks end up in ‘red zone’

KARACHI: The benchmark 100-Index of Karachi Stock Exchange Friday lost 62.53 points to close at 11,125.35 points, Geo News reported.

Mainly foreign as well as local selling led to this fall, dealers said.
Fertilizer sector pushed the index to scale an intraday high of 11,265.94 points, but owing to offloading in banks and oils it ended up in the red zone at 11,075.40 points.

Volume was mostly thin at 39.043 million shares.