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Tuesday, April 6, 2010

Profit taking erodes 28 points from KSE

Profit taking
 erodes 28 points from KSEKARACHI: Profit taking at Karachi Stock Exchange (KSE) on Tuesday took away 28 points from the benchmark KSE-100 Index which closed at 10,416.

The stock market began with green numbers and was witnessed floating at one stage 10,554 level. But later profit taking in energy and fertilizer stocks switched the bullish trend into negative and the Index closed in the red zone.

Today’s market turnover was recorded at 240 million shares.

Lotte Pakistan led the front runners in terms of volume which gained paisas 63 to finish at Rs12.75.

On the other hand, KSE-30 Index slid 45 points to peg at 10,661.

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