Thursday, October 22, 2009
Heavy selling at KSE erodes 321 points
2:05 PM | 
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KARACHI: Bears once again dominate Karachi Stock Exchange (KSE), plummeting the benchmark KSE-100 Index by 321 points to 9,247.The share market opened in the negative zone and remained under selling pressure throughout the session.
Selling by foreign investors in energy stocks was seen as the main cause behind today’s bearish activity.
The trade volume stood at 200 million shares today.
Arif Habib Securities emerged as today’s volume leader which increased by paisas 54 to close at Rs51.91.
KSE-30 Index finished the 336 points low to peg at 10,770.
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