Stocks Observer. com

The Karachi stock market witnessed a low turnover once again on Thursday with the absence of positive sentiments that drive the activities of share trading, analysts and brokers said.The Karachi Stock Exchange (KSE) 100-share index remained unchanged for the fourth consecutive trading session at 9,184.09 points. The KSE 30 index and KMI 30 index also remained fixed at 9,981.93 points and 10,003.99 points respectively. The turnover dipped 40 percent and traded 0.109 million shares as compared to 0.182 million shares traded in the previous session. The overall market capitalisation remained unchanged at Rs 2.826 trillion. Out of 13 companies, four closed in the positive zone, one in negative while seven remained unchanged. Analysts said that it is expected that the unjustified freezing would be lifted on December 1 and the market bailout fund of Rs 50 billion would attract foreign investors back to the arena, but it is uncertain whether they would opt for buying or selling. Chances are ...