Friday, April 30, 2010
KSE slips 25 points amid thin volume
10:35 PM | 
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Updated at: 1909 PST, Friday, April 30, 2010 KARACHI: Karachi Stock Exchange (KSE) witnessed more selling Friday, the benchmark KSE-100 Index lost 25 points to close at 10,429 while trade volume stood at five-week low.The share market carried forward yesterday’s negative trend at the start of the opening session today and remained dominant throughout the two sessions. Sound financial results of Fauji Fertilizer Company failed to fuel investment and switch the stock market into positive zone. Today’s market turnover stood weak at 96.8 million shares – lowest since 24 March 2010. PTCL remained the volume leader at Rs21.50, stronger by paisas 21. Meanwhile, KSE-30 Index slid 76 points to finish the day at 10,481. |
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