Lack of interest results in sluggish closure of market
Ghulam Raza Rajani
KARACHI: Market observed an overall range bounded day trading in range of plus minus 200 points. Negative closure on previous day forced market to start in red zone seeing decline of more than 100 points. Vagueness regarding confirm statement by China to support curb bleak BOP of Pakistan kept investors away from this resulted in sluggish end of day.
The benchmark KSE-100 index closed higher by 21.50 point to close at 41,388.88 points. KSE All Share Index increased by 26.91 to end at 29,935.26, KSE 30-Index dipped by 37.47 points to conclude at 19,880.14, whereas KMI 30-Index enhanced by 29.59 points to finish the day at 71,270.96 level.
The advance to decline ratio in the