Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

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KSE – 100 Index falls 431 points in intraday trade

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Despite Banks/DFIs and Companies buying 20 million worth of equities during the last three days of the week, the index has shown no sign of stability let alone optimism. Barring only Fertilizer, Technology & Communication every sector has witnessed net positive buying during the current week, as shown by NCCPL data.

Foreign Corporates, Individuals, and Overseas Pakistanis seem to have lost any more appetite for the market’s fluctuations as they took out 23.2 million worth of equities from the local markets.

Pakistan Stock Exchange has been brought to its knees by the political turmoil that culminated after ouster of ex-PM Mian Muhammad Nawaz Sharif.

KSE – 100 is currently trading at 38387.75 points, with an intraday loss of 431 points.

Posted on: 2017-12-14T11:32:00+05:00