Updated at: 2051 PST, Monday, November 02, 2009
KARACHI: Heavy selling at the local equity market Monday pushed the benchmark KSE-100 Index to 8,872 level, showing a steep slide of 287 points.The stock prices appeared volatile as the Index moved both sides of fence in the backdrop of political parties’ differences on NRO and report of bomb blast in Rawalpindi. Observing caution, the investors opted for off loading their holdings which led the Index to plunge below 9,000 points to the current level.The trade volume was recorded at 150 million shares today.Jehangir Siddiqui Company was today’s volume leader, easing Rs1.75 to close at Rs33.35.KSE-30 Index took a nose-dive of 347 points to finish the day at 9,315.
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