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Thursday, 24 October 2013

Karachi Stock Exchange sheds gains to end flat


KARACHI: Karachi Stock Exchange (KSE) saw a lacklustre day as in spite of big time foreign inflows it took a breather for investors fell for profits by offloading shares at lucratively higher levels.

The benchmark KSE-100 Index rose 0.06 percent or 13.56
points to 22,360.85.

Pakistan State Oil Co Ltd (PSO) saw selling pressure amid news of increased circular debt.

Oil and Gas Development Co Ltd (OGDCL) rose 3.21 percent to Rs254.95 while PSO was down 2.98 percent to Rs267.10.

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