Karachi stocks bearish, down 138 points

Karachi stocks bearish, down 138 points
Updated on

Summary

The benchmark KSE-100 Index of Karachi Stock Exchange lost 138 points to close at 7,536 on Wednesday. The market opened in the positive zone but the trend turned into negative as investors opted to off-load their holdings on expectation of lower cut off yield on Treasury Bills auction. The trade volume stood at 110 million shares today. Fauji Cement emerged as todays volume leader which shed paisas 32 to close at Rs7.79. KSE-30 Index witnessed a slide of 210 points to peg at 7,994.
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