Karachi Stock Exchange 100-Index turns a loss of 150 points
KARACHI: Karachi Stock Exchange shed gains on Thursday breaking an 11-day bullrush, Geo News reported.The benchmark 100-Index ended 0.73 percent, or 150.09 points, lower at 20,416.60.Analysts say...
May 16, 2013
The benchmark 100-Index ended 0.73 percent, or 150.09 points, lower at 20,416.60.
Analysts say investors in a bid to squeeze as much juice out of the rally as they could knocked a good deal of a points off the apex bourse.
Muslim Commercial Bank Ltd and Oil and Gas Development Company Ltd saw some correction after rallying for several days.
Muslim Commercial fell 4.68 percent to Rs275 rupees and Oil and Gas was down 0.22 percent at Rs211.25.
