Recession in Stock Market, Index Fallen to 94 Points

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Recession in Stock Market, Index Fallen to 94 Points

 

The new business week started in positive zone in Karachi Stock Market. However index fallen to 94 points due to peace situation, bomb attacks on election candidates and meetings and disorder in Karachi. KSE 100 index closed at 18822 points.

Recession in Stock Market, Index Fallen to 94 Points

During the trading the index reached at 18925 points at one stage however bomb blasts in Peshawar, strike in internal Sindh and bomb blasts on railway track caused recession in market and it closed in negative zone.

Due to recession, market investment decreased to more than 20.89 billion rupees. Total business occurred in 381 companies in which the prices of shares of 128 companies increased while of 231 companies decreased. Prices of shares of 22 companies remained stable.

 

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