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Markets

Karachi Stock Exchange ended flat

KARACHI : Karachi Stock Exchange (KSE) benchmark 100-share index closed 0.02 percent, or 2.12 points, higher at 10,903
Published August 29, 2011 Updated August 29, 2011 11:31am

 KARACHI: Karachi Stock Exchange (KSE) benchmark 100-share index closed 0.02 percent, or 2.12 points, higher at 10,903.88. The market made an intra-day low at 10,760.91.

Volume was 36.82 million shares, compared with 44.82 million shares traded on Thursday. The stock market was closed on Friday.

"Ahead of long holidays, activity remained dull and the focus was on selected stocks," said Samar Iqbal, dealer at Topline Securities Ltd.

In the money market, overnight rates fell to end between 13.00 percent and 13.25 percent, compared with Saturday's close of 13.40 percent.

 

Copyright Reuters, 2011

 

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