KSE 100-share index ends slightly lower

By AFP
May 14, 2012

ISLAMABAD: The Karachi Stock Exchange benchmark 100-share index ended 0.01 percent, or 1.72 points, lower at 14,228.77, with a...

ISLAMABAD: The Karachi Stock Exchange (KSE) benchmark 100-share index ended 0.01 percent, or 1.72 points, lower at 14,228.77, with a volume of 77.5 million, compared to 14,230.49 points on Friday.

Stocks ended slightly lower on Monday with investors exercising caution because of the uncertainty in ties between Islamabad and Washington, dealers said.

"Investors remained cautious amid uncertainty on the Pakistan-US relationship. As a result, volumes fell," said a dealer at Topline Securities.

Islamabad suspended the routes after NATO aircraft killed 24 Pakistani soldiers in November last year. (Reuters)
Next Story >>>
Advertisement

More From Business