KSE MARKET SUMMARY 26 February 2013-ismarfinancial

The Karachi Stock Exchange shed some hard-earned gains on Monday after institutions offloaded inflated equities in an overbought market bringing the I00-Index down by 0.30 percent, or 53.77 points. The apex of KSE indices landed in the red zone at 18,020.50 just before the closing bell tolled. According to analysts companies raked in coveted earnings by squeezing the shorts above the psychologically crucial level of 18,000 points.

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