KARACHI (June 03, 2009): Bearish trend prevailed at Karachi share market and the benchmark KSE-100 index declined by 85.23 points to close at 7,125.11 points level on Tuesday. "Despite confirmation by FBR and finance authorities that no new taxes will be imposed on the share business in the new budget and positive developments on Swat operation, the local equity market continued to give a deserted look and the bourses continued to stay indifferent to the positive developments", analysts said.
LSE index down 29.82 points.
LAHORE (June 03, 2009): Equities under the lead of banking sector extended further losses on the Lahore Stock Exchange (LSE) on Tuesday on account a news regarding 23 percent decline in the banks' profit during first quarter. The LSE-25 index continued to decline for the second day and slide down by 29.82 to close at 2115.50 against 2145.32 of Monday.
ISE index down 20.53 points.
ISLAMABAD (June 03, 2009): Bears strengthened their positions at Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index showed a decrease of 20.53 points, as the Index moved from 1,683.03 to 1,662.50 points.
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