Friday, April 23, 2010
Stocks end down
8:30 PM | 
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Updated at: 1828 PST, Friday, April 23, 2010 KARACHI: The Karachi Stock Exchange's benchmark 100-share index (KSE-100) ended lower on Friday as investors were cautious after selling by foreigners the previous day, dealers said.KSE-100 fell 0.08 percent, or 8.12 points, to end at 10,607.03. Volume was 153.86 million shares compared with 185.71 million traded on Thursday. "Net selling by offshore investors on Thursday resulted in range-bound activity throughout today's session," said Farhan Seth, an analyst at Topline Securities Ltd. According to official data, foreigners sold shares worth a net $1.61 million on Thursday. Banks will be closed on Saturdays as part of measures to cut state electricity consumption. |
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