RECORDER REPORT: KSE morning update

KARACHI: After slight positive opening on Wednesday, KSE-100 index dropped into negative at 10,887 level, low 45 points due to selling by both local and foreign investors.

Uncertainty on political front affected investors sentiment and forced them to off-load their holding, analyst says.

Trading activities were also very low with 1.5 million shares.

NBP was the volume leader with 153,385 shares, however, lost Rs0.64 to Rs42.80.