Bearish trend was witnessed at Karachi Stock Market on Monday and the 100Index closed below the 8,000 points. The business in the market started in a negative fashion. State Bank of Pakistans expected announcement to decrease the interest rate wasnt made which brought in the selling pressure. The news of stabilizing credit rating of four big commercial banks, Pakistans bonds and currency by the Moodys sustained the market a little. At the end the KSE 100Index closed at 7,932 points with a decrease of 78 points. The business volume remained 138,900,000 shares. The deals of DG Khan Cement remained prominent. Its share price fell to Rs35.36 with a decrease of Rs1.86.
