Investors bear record losses at KSE

Investors bear record losses at KSE
Updated on

Summary

The Karachi Stock Market witnessed record losses of the year during the past few days. The KSE lost almost 259 points on Tuesday.Trading began in the red zone and remained on the negative side throughout the day. Investors are trying to square up positions prior to the announcement of the budget due in two weeks. The Index is currently at 9,428 points. Lotte Pakistan, Jahangir Siddiqi and TRG Pakistan were volumes leaders. Minor recovery was witnessed to cover the short selling. The exchange volume was 142 million.