KSE IN GRIP OF TALIBAN FACTOR LOSES YET ANOTHER 100 POINTS

Posted on April 27, 2009

Karachi Stock Exchange (KSE), like other sectors of the economy, lingered and languished by Taliban factor went on trading today downbeat and lost over 100 points in the very few opening hours. Market pundits attributed this bout of pessimism in the market to the investors’ preference for wait and see, and taking out their investments skimming profits, whatever possible in these days of poor and uncertain law and order situation in the country.