Updated on
Summary
The Karachi stock market observed a negative trading session on Monday following the announcement by the Central Bank to raise interest rates. The (KSE) 100-share index lost 145 points and stands at 10,373 points.Trading began on a negative node, with the market losing 102 points during the start. During trading session market lost as many as 200 points, but short selling was covered and the market recovered. Trading volume of 70 million shares was recorded.
