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Showing posts from January 15, 2009

Karachi stock market down 8 points despite bailout

The shares remained flat and stable on Wednesday trading of Karachi stock market even after launching of the government’s much-awaited market supporting fund losing further 0.13 per cent capital. The Karachi Stock Exchange’s benchmark KSE-100 index while at the end of the session losing 7.99 points close at 6051.10 remained within the limit of psychological barrier of 6,000 points. However, this psychological barrier could breach any time. Volume remained at 160.620m shares.