Karachi: Due to the political situation the Karachi stock market remained bearish.
The on going tension between the government and the judiciary caused a decline in the interest of the investors in trade. This resulted in selling pressure in the market. Stocks of the most companies remained in red zone while the KSE-100 index closed at 12,225 points after shedding 98 points.
Trade volume remained at 67 million shares. Fauji Fertilizers Bin Qasim’s share was the prominent and closed at Rs 46.50 with decreases of 23 paisas.
