Monday, October 19, 2009

Panic selling at KSE; Index plunges by 427 points


KARACHI: The benchmark KSE-100 Index took a nosedive Monday as Karachi Stock Exchange (KSE) witnessed panic selling in view of the deteriorating law and order situation in the country.The Index plummeted by 427 points to close at 9,411 on the first trading of the week.Today’s trade began in the positive zone but later reports of selling by foreign investors in banking and fertilizer sectors turned the numbers red.Jehangir Siddiqui Global market s .... Full Story

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