KSE-100 in­dex back into green with gain of 73 points

Pakistan Observer - - ECONOMY WATCH -

AMANULLAHKHAN KARACHI—KSE-100 In­dex af­ter fac­ing a cor­rec­tion in the pre­vi­ous trad­ing ses­sionin it lost 217 points showed a re­si­lant come­back into green with a gain 73 points to close at 36,122 lev­els amid brisk trad­ing ac­tiv­ity Ac­cord­ing to cur­rent sit­u­a­tion the oil prices dropped by US$1.5/bbl on Thurs­day af­ter a stronger US Dol­lar put a lid on the rally. Also lim­it­ing the up­side, were com­ments from Rus­sian En­ergy Min­is­ter, who said that bal­anc­ing the oil mar­kets would take un­til 2017 at the ear­li­est.

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