Bears rule KSE this week

Bears rule KSE this week
Updated on

Summary Karachi Stock Market (KSE) remained bearish this week as 100-Index could not maintain the psychological level of 12,000 points. Business week started with positive note but it turned negative on the very second day of the week.

This downfall trend got aggravated over Pak-US ties on the issue of Raymond Davis. Threat of suspending aid by the US also put negative impact on the market. At the end of the week, KSE closed at 11,943 points with a decrease of 472 points. Business volume remained 47.72 crore shares.