Index plunged below 16,500 level during the intraday trading and recover back marginally supported by institution buying at lower levels. Political drama kept investor sentiment jittery as opportunist awaited for SCP’s decision of contempt of court hearing against supreme leading of government’s coalition partner with strong hold in Karachi.
On Monday, KSE‐100 was blanketed in red amid thin volumes with 95mn shares traded during the day as savvy investors stayed at bay. KSE-100 Index closed yesterday at 16502.65 falling 146.19 .
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