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KSE opens bearish, sheds further 150 points

KSE opens bearish, sheds further 150 points KARACHI: Karachi Stock Exchange (KSE) bearish grip sustained even today, which saw the market at the very onset eroding 150 points and KSE-100 index plummeted below 5600 marks.

The weary investors preferred waiting on the sidelines and showed no interest in trading, market sources told here. Yesterday’s news relating to Pak-India tension further intensifying played major role in breaking out a wave of pessimistic sentiment in the market and it is believed that investors have still not overcome the shock.

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