KSE inches up by 9 points

View previous topic View next topic Go down

GMT - 3 Hours KSE inches up by 9 points

Post by εﺓз• » ιη∂αġι яσ¢χ « • on Wed Sep 14, 2011 3:16 pm

[You must be registered and logged in to see this image.]





KARACHI: Pakistani stocks ended nearly flat on Monday as investors stayed on the sidelines following a fall in international markets and oil prices, dealers said.

Brent crude futures fell to around $104 a barrel on Monday ahead of a key vote in Greece to approve an unpopular austerity plan.

International oil prices have lost around 10 percent over the last three sessions since the International Energy Agency surprised the market with a 60 million barrels release to rein in prices.

"A fall in international commodities and equity markets kept local investors at a bay," said Samar Iqbal, a dealer at Topline Securities Ltd.

The Karachi Stock Exchange's benchmark 100-share index ended 0.07 percent, or 9.15 points, higher at 12,464.49.

Turnover rose to 52.79 million shares, compared with 51.73million shares traded on Friday but still lower than the daily turnover which is usually on average around 100 million shares. (Reuters)
avatar
εﺓз• » ιη∂αġι яσ¢χ « •
Monstars
Monstars

Aquarius Horse
Posts : 868
Join date : 2011-07-13
Age : 27
--Mood-- : Disagree

Character sheet
Experience:
500/500  (500/500)

Back to top Go down

View previous topic View next topic Back to top

- Similar topics

Permissions in this forum:
You cannot reply to topics in this forum