Tuesday, April 7, 2009
Bearish trend continues in KSE, Index crosses 7600 points
KARACHI: The Karachi Stock Exchange witnessed a continued bearish trend on Tuesday as index crossed the psychological bearer of 7,600 points.
Today, trading began in positive way and this trend continues throughout the day. On one occasion, the KSE 100-index was seen at a level of 7,689 points and investors were looking active in banks and energy stocks.
At the end of the day’s trading, the KSE 100-index closed at 7,635 points with an increase of 117 points.
Today, trade volume was 470 million shares which is the highest level in 18 months.
The most transactions were made in the shares of NIB Bank price of which with an increase of 55 paisa went up to Rs6.80.
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