Updated on
Summary
Karachi Stock Exchange witnessed a mixed trend during the current business week. The 100-Index closed at 8,108 points with an addition of 97 points. The investors remained cautious as the interest rate didnt fall as per expectations. The market remained under-pressure during first four days. On the last business day, an addition of 134 points was recorded in the index due to the local buying. Moodys Investment stabilized the Pakistans economy and this news sustained the market a little. The foreigner investors bought the shares of US$ 18million while sold shares of US$8 million.
