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Article: Bulls take over bears at KSE.
- Article from:
- The Nation (Karachi, Pakistan)
- Article date:
- February 24, 2009
CopyrightCOPYRIGHT 2009 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, February 24 (THE NATION): Profit-taking eroded the value of leading scrips in the Karachi Stock Market on Tuesday which crossed 5900 index in the opening but gained meagre 24.57 points (0.41 per cent) at the end. The benchmark KSE-100 index closed at 5,874.83 points against 5,850.26 points the other day. Volume remained at 135.5 million shares as compared to 114.2 million shares on Monday, though showing a healthy trend, but far below the average 250 million shares traded on a daily basis last year. On Tuesday, the news that SBP Governor Salim Raza had defended the monetary policy before an IMF team sent positive signals to the market. ...