Uncertainty grips KSE on first business day

Uncertainty grips KSE on first business day
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Summary KSE witnessed mixed trend on the first business day of the week as 100-Index added only 12 points on Monday.

Investors remained cautious due to uncertainty prevailed at local and international level. Local and foreign funds are observing Egypt situation carefully. Oil price can plunge up to 6-8 dollars per barrel after the resignation of Hosni Mubarak. On the other hand, it is expected that leverage product would be introduced in the market soon. At the end of the day, KSE closed at 12,427 points and business volume remained 11.47 crore shares.
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