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Showing posts from March 3, 2009

KSE declines after Sri Lankan team attacked in Lahore

KARACHI: Karachi Stock Exchange (KSE) along with the other two stock exchanges of the country rocked by the Sri Lankan team attack this morning in Lahore went nose-dive, as the investors in great panic sidelined from business and seen glued with the TV channels, which continued pouring horrifying details of the gory incident for hours. Following the terror incident in Lahore today, KSE opened down by 60 points and on one occasion KSE-100 index was seen eroded by 150 points plummeting the index to 5500 points. Lahore Stock Exchange (LSE) being the epicenter of the terror attack felt the similar shock, which saw the index in initial trading shed by over 30 points to peg at 1535 points, while in Islamabad bourse was no exception.