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Reading: Karachi Stock exchange dips slightly on volatile trading
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PhotoNews Pakistan > Business > Karachi Stock exchange dips slightly on volatile trading
Business

Karachi Stock exchange dips slightly on volatile trading

Web Desk
By Web Desk Published October 29, 2014 1 Min Read
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Stocks rally was halted on Tuesday as the KSE-100 index finished on a minor decline of 13.34 points at 30,225.62, following a volatile trading with the benchmark swinging wildly in a range of 171 points.

Foreign outflow entered into the third week with sell-off worth $2.95 million worth equity on Tuesday. Added to the Monday’s overseas’ investors’ sale of $2.61m worth shares and last two weeks offloading of stocks worth $24.1m, the total outflow stood at $29.7m.

There was however, little concern as the investors concentrated on corporate results which brought out earnings growth with tidy payouts

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