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Reading: Bears return to stock market
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PhotoNews Pakistan > Business > Bears return to stock market
Business

Bears return to stock market

Web Desk
By Web Desk Published September 20, 2014 1 Min Read
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Profit-taking ahead of an eventful week-end pulled KSE-100 index down by 78.36 points yesterday, though the benchmark kept clinging to the 30,000 level at 30,015.80 points.

Investors thought it was wiser to play safe and opted to square their positions as uncertainty over the political situation and the SBP Monetary Policy prevailed.

On Friday, the foreign investors bought stocks worth $3.31 million. Foreigners provided major support to the market during the week, as FIPI clocked in at $13.2m.

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