Bears take away 167 points from KSE
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Bears take away 167 points from KSE
by Noor Bangash Wed Sep 14, 2011 10:53 am
Updated at: 1803 PST, Thursday, July 28, 2011
KARACHI: The share prices at Karachi Stock Exchange (KSE) recorded losses as benchmark100-share index ended down 1.37 percent, or 167.48 points, at 12,098.05 on turnover of 64.31 million shares due to a fall in global stocks.
Mounting concerns about a U.S. debt default dragged global stocks down to their lowest level in more than week and drove the dollar to a record low against the safe-haven Swiss franc on Thursday.
KARACHI: The share prices at Karachi Stock Exchange (KSE) recorded losses as benchmark100-share index ended down 1.37 percent, or 167.48 points, at 12,098.05 on turnover of 64.31 million shares due to a fall in global stocks.
Mounting concerns about a U.S. debt default dragged global stocks down to their lowest level in more than week and drove the dollar to a record low against the safe-haven Swiss franc on Thursday.
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