Tuesday, May 4, 2010

KSE-100 Index slides below 10,500 level

KARACHI: Correction at the local bourse continued on Thursday, taking away 64 points from the benchmark KSE-100 Index which closed at 10,454.

The Index started off green and witnessed the intra-day high of 10,579 points. But later off-loading in energy and banking sectors by the investors sucked away earlier gains.

The trade volume was weak and stood at 110 million shares.

PTCL emerged as today’s volume leader at Rs21.48, up by paisas 45.

Meanwhile, KSE-30 Index plunged by 81 points to finish the day at 10,557.


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