Karachi stocks remain bearish

Karachi stocks remain bearish
Updated on

Summary

Panic selling pulled down the prices of leading scrips at Karachi Stock Exchange (KSE) Tuesday as 100 Index plunged by 193.17 points to close at 9,013.The Market was bearish since opening this morning, over the looming fear of the repercussions of Dubais debt crisis. The market witnessed across the board selling pulling down prices of leading scrips.The turnover volume was also low at 89.836 million shares as 105 scrips advanced and 227 sustained loss while 18 remained unchanged.Bank of Punjab was the volume leader with a turnover of 8.615 million shares.
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