Thursday 10 January 2013

KSE 100 index plunges by 150 points

The Karachi Stock Exchange.—Reuters Photo
KARACHI: The Karachi Stock Exchange 100 shares index on Thursday fell by more than a 150 points , approximately 0.93 per cent during intra-day trading, DawnNews reported.
The turnover on Thursday mid-day stood at 34 million shares as compared to 90 million shares from the previous day.
Market experts said that the dollar’s appreciating value, the energy crises and political turmoil was having an adverse effect on investors.
The KSE 100 index rose by 0.56 per cent or 96.46 points  closing at 16,742.22 points a day earlier on foreign buying especially in the cement sector

 

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