KSE under pressure on deteriorating law and order situation

Mixed trend was witnessed at Karachi Stock Exchange on Wednesday as the benchmark 100-index closed below 9,000 points level with an increase of 78 points. Business activity started with a positive note while cautious behavior of investors pushed the index into negative zone. Market entered into positive zone again due to short-covering. At the end of the day, the benchmark 100-index closed at 8,922 points with an increase of 78 points with trade volume of 99.7 million shares. Pak Re-Insurance remained the volume leader with share price of Rs25.52.