Updated on
Summary The Karachi Stock Exchange (KSE) witnessed a mix trend during the closing week.
The week started with a bearish trend but the news of positive negotiations with the International Monetary Fund left a good effect on the market.However, the market went through a constant fluctuation due to the announcement of a new monetary policy and the upcoming federal budget, which was going to be tabled next week. The 100 index could not cross the psychological barrier of 12,000 and closed the week at 11,973 with increase of six points.Overall 35 percent reduction was recorded in the trading volume and 220.94 million shares were sold and bought during the week.
