Bears suppress KSE further by 91 points

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  • user warning: Table './pakistanchronicle_1and1/cache_filter' is marked as crashed and should be repaired query: UPDATE cache_filter SET data = '<p>KARACHI: Equities continued to slide on the fifth consecutive session on Thursday with the benchmark KSE-100 Index slipping 91 points to finish at 12,035.</p>\n<p>Investors mostly remained inactive due to looming political and economic uncertainities, dealers said.</p>\n<p>The trade volumes shrank to 11 million shares, compared to 13 millions on Wednesday.</p>\n<p>Out of 202 active scrips, 31 advanced while 161 closed negative.</p>\n<p>The KSE Board and Securities and Exchange Commission of Pakistan (SECP) introduced some market stability last week but analysts say these measures only provided a temporary relief and were unable to restore investor confidence.</p>\n<p>KSE-30 Index declined by 123 points to 13,973.</p>\n', created = 1231268255, expire = 1231354655, headers = '' WHERE cid = '3:bbd4657a57c8704b5fb33436beb254c3' in /var/www/vhosts/pakistanchronicle.com/httpdocs/includes/database.mysql.inc on line 172.
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KARACHI: Equities continued to slide on the fifth consecutive session on Thursday with the benchmark KSE-100 Index slipping 91 points to finish at 12,035.

Investors mostly remained inactive due to looming political and economic uncertainities, dealers said.

The trade volumes shrank to 11 million shares, compared to 13 millions on Wednesday.

Out of 202 active scrips, 31 advanced while 161 closed negative.

The KSE Board and Securities and Exchange Commission of Pakistan (SECP) introduced some market stability last week but analysts say these measures only provided a temporary relief and were unable to restore investor confidence.

KSE-30 Index declined by 123 points to 13,973.