KSE remain mixed

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KSE remain mixed

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The Karachi Stock Exchange remained mixed on Wednesday as 100-index closed below 12,800 points.

16 March,2011 05:52 pm

After the imposition of flood tax, there are fears of decline in companies’ profits and increase in inflation. Foreign investors also sold limited shares but local investors propelled the market with buying.At the end of the day, KSE closed at 11,794 points with a decrease of 34 points. Business volume remained 110.8 million shares.