KSE slips further down to 17740 points

KARACHI: The stock prices at Karachi Stock Exchange (KSE) closed lower on Thursday, with a lack of triggers keeping traders at bay, dealers said.

The benchmark KSE 100-share index ended 0.11 percent, or 19.75 points, lower at 17,740.69 points.

"The market has been volatile for some time. The lack of triggers kept investors at bay today," said a stock dealer.

Foods and Fertilizer Engro Corporation fell 1.04 percent to 123.45 rupees, while Telecard Ltd was up 7.05 percent to 6.38 rupees. (Reuters)