KSE: trade value declines by 6.5pc

At the last business weekend, a decrease of 6.5 percent was witnessed in the trade value in the Karachi Stock Exchange (KSE), Dunya News reported on Sunday. According to a report by Invest Cap, the future trading value remained 920 million rupees after a decrease of 60.60 million rupees at the last weekend in the KSE which is 6.7 percent less than the last weeks trading. Rate of spread on trading increased by 1.29 percent during the week whereas trading volume augmented by 19 percent to reach 550.20 million shares. 72 percent of the total investment in future agreements was done in PSO, MCB, ENGRO NML and OGDCL.