Downfall continues at KSE this week

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Downfall continues at KSE this week

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24 October,2009 06:44 pm

Downward trend witnessed in KSE during current week. 100-Index closed at 9,151 points after a decrease of 687 points. Due to deteriorating law and order situation in the country, investors remained cautious and they preferred selling. On Monday, KSE dropped 427 points while gained 158 points on Tuesday. However, the market plunged 321 points on Wednesday, 194 points on Thursday and 3 points on Friday. During the current week, the Index plummeted down to 9,000 points level; however, psychological barrier of 9,000 attained due to performance of specific sectors. During the current week, foreigners invested 2 crore 48 lac dollars while pulled out 3 lac dollars.