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Showing posts from November 19, 2008

KSE exhibits worst performance

The floored Karachi bourse exhibited the worst performance on Tuesday, as it witnessed trade of zero shares in the first 180 minutes of the day session. Therefore, historically low turnover in as many as seven active companies were the other two new records of history at KSE.Moreover, foreign portfolio investors disinvested huge and over $2 million in a single session at local bourses, according to NCCPL data.KSE All-share Index fractionally fall by 0.18 point and ended at 6,639.18 points. Earlier, it moved either side of the fence by 0.20 point during the session.While, all the other three parallel running indices remained stagnant, as KSE 100-share Index at 9,184.09 points; KSE 30-share Index at 9,981.93 points; and KMI 30-share Index at 11,224.18 points, throughout session.Dealers confirmed that investors have traded zero shares till 12noon in the market since the pre-opening of the day session at 9:30am, which is a new record.Therefore, market generated a turnover of mere 19,660 sh...