KSE sheds 46 points to close at 11863

KARACHI: Trade activities remained dull at Karachi Stock Exchange (KSE) on Wednesday with KSE 100-share Index closing 46 points down to 11,863, Geo News reported.

Today’s trade began with negative numbers and the Index remained in the red zone throughout the session. The market remained under selling pressure triggered by the off-loading of energy sector scrips.

The market turnover was recorded at 36.7 million shares with Bank Alfalah topping the list of leaders in terms of volume, closing by 3 paisas down at Rs10.40.

On the other hand, KSE-30 Index slipped 28 points to peg at 11,548.

Market analysts are of the view that the market will continue to see-saw in the coming days.