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Article: Pakistan: KSE remains stagnant as IMF disapproves bailout fund.
- Article from:
- TendersInfo
- Article date:
- December 6, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Mamta03
The Karachi stock market continued to remain under the sluggish spell on Thursday as the International Monetary Fund (IMF) disallowed injection of bailout funds to ease the market turmoil, analysts said. The Karachi Stock Exchange (KSE) 100-share index remained unchanged at 9,187.10 points. The KSE 30 index and KMI.30 index also were unchanged at 9958.81 points and 11,224.18 points respectively. The market turnover gained 123.65 percent and traded 0.917 million shares as compared to previous session s 0.041 million shares. The overall market capitalisation declined by 0.03 percent and traded Rs 2.817 trillion as compared with Rs 2.818 trillion ...