KARACHI: Tight conditions set for release of funds, by both US & IMF forced the local bourse to undergo
a technical correction as a consequence the Karachi Stock Market closed in the negative zone on the fourth
trading day of the week Thursday.
The Karachi Stock Exchange (KSE) 100-share index shed 2.36 pts or 0.02 percent closing at 12,125.79 pts
compared to 12,128.15 pts in the previous session. The KSE -30 index also shed 19.54 pts closing at
11,870.58 compared to 11,890.12 pts of the previous session. KMI. -30 index gain 36.57 pts and closed at
20,161.83 pts compared o 20,125.26 of the previous session. The KSE- allshares index closed with a loss of
2.29 pts closing at 8,410.12 compared to 8,412.41 pts of the previous session.
