Disappointed at earnings’ results, the stock market continued its downward slide as the week headed into its final day.
The Karachi Stock Exchange’s (KSE) benchmark 100-share index fell 0.7% or 180.13 points to end at 25,506.80.
“The declines pushed the index below 25,600, a level considered to be a key support by chartists,” said
“Among the notables were
Yesterday’s string of disappointing results carried forward today as well, forcing
“The misery in the consumer sector continued as
Trade volumes rose to 196 million shares compared with Wednesday’s tally of 185 million.
Shares of 366 companies were traded on Thursday. At the end of the day, 114 stocks closed higher, 229 declined while 23 remained unchanged. The value of shares traded during the day was
Bank of Punjab (R) was the volume leader with 28.41 million shares, losing
Foreign institutional investors were net sellers of
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