Bears prevail in Karachi stocks

Karachi stock market witnessed acute bearish run on Monday as benchmark 100 index lowered by 426 points.The business activities started in negative zone at the start of a new business week as the investors remained cautious and preferred selling amid deteriorating law and order situation in the country. The KSE-100 index closed at 9411 with trade volume of 211.6 million shares. Arif Habib Securities remained volume leader with 30 million shares.