Updated on
Summary
Selling pressure once again pushed the Karachi Stock Exchange (KSE) in the negative zone and and 100-index dropped 195 points. Trading activity started with negative note. Investors preferred selling due to expected imposition of capital gain tax and VAT in the upcoming budget. Once, 100-Index fell below 9,300 points level. At the end of day, KSE 100-index closed at 9,326 points with a decrease of 195 points.
