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Article: Modest volume keeps stock market unchanged.
- Article from:
- The Nation (Karachi, Pakistan)
- Article date:
- December 12, 2008
CopyrightCOPYRIGHT 2008 Asia Pulse Pty 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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By SYED MOHAMMAD TAHIR LAHORE, December 12 (THE NATION): The first and last day of business week activity on Friday after Eidul Azha holidays, volume again remained modest and business activities in Karachi Stock Exchange (KSE) kept on unimpressive, dull and flat throughout the day while SECP directives to remove floor on December 15 could not spur the market and benchmark KSE 100-index witnessing no change closed at 9,187.10 points The market capitalisation was eroded by Rs 8.542 million to Rs 2.808 trillion. Analyst of a leading brokerage house said that trading volume was down again due to lack of interest coupled with the fear of lifting of price flouring. It is ...
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