Heightened violence in city claims 141 pts off KSE index

The Karachi stock market faced a bearish trading session on Thursday as concerns over heightened violence and security measures in the city triggered panic selling.

The Karachi Stock Exchange (KSE) 100-share index shed 141.43 points or 1.25 percent to close at 11,128.52 points as compared to 11,269.95 points of the previous session. The KSE 30-share index decreased 151.39 points to close at 10,618.82 points as compared with 10,770.21 points.

Analysts said other major factors that influenced the market negatively included fall in Asian markets on global growth worries and debt crises in eurozone.

From: Dailytimes