Capital Market: Per day trade volume hits 9-year low

Capital Market: Per day trade volume hits 9-year low

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Daily trade volume has touched a record low of nine years during the current fiscal 2010-11.

28 June,2011 08:38 pm

According to a report issued by Top Line Securities, trade volume remained at Rs 3.9 billion during the period which was less than 40 percent as compared to last year.According to the report, investment has been decreased due to the poor law and order situation, inflation, high mark-up rates, ambiguity in tax process and news of capital introduction of capital gain tax. Only three companies offered their shares for sale in markets.