KSE closes below 12,400 points level

KSE closes below 12,400 points level
Updated on

Summary The KSE witnessed bearish trend on Monday due to imposition of 15 percent tax on markets.

The benchmark 100-index closed below 12,400 points level. The market remained in the negative zone due to profit-taking of local and foreign investors. Selling pressure was seen due to deteriorating law and order situation in the country. Investors have a number of reservations on bad security situation.At the end of the day, KSE closed at 11,375 points with a decrease 231 points. Business volume remained 65 million shares.
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