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Thursday, October 22, 2009

Bearish trend in KSE

Wednesday, October 21, 2009
Bearish trend in KSE KARACHI: The benchmark Karachi Stock Exchange (KSE)-100 Index dropped more then 300 points during the trading as the index has plunged below 9300 points level.

The trading in KSE started with bearish trend which remained continued. Experts saw market with bearish trend due to foreign selling because of deteriorating law and order situation in the country. The analysts predicted market will continue experience bearish trend in coming few days whereas senior stock members of KSE said government financial institution should buy shares to support the market.

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