KARACHI (May 04, 2009): The KSE-100 index declined by 418.77 points, or 5.5 percent, during the week ended on May 2, 2009, closing at 7,202.10 points level from previous weeks 7,620.87 points due to the incidents of violence in Karachi, which forced the investors to offload their holdings on available margins.
LSE activity hurt by Karachi violence
LAHORE (May 04, 2009): The general law and order situation in the country due to fresh wave of violence in Karachi, and Army operation against militants in Lower Dir, Buner and other parts of NWFP hurt the sentiment on Lahore Stock Exchange during the week ended on May 2, 2009 and LSE-25 index went down by 126.27 points, or 5.69 percent, to close at 2091.01 points on Thursday against 2217.28 points of previous week.
Offshore investors withdraw another $12.216 million from equity market
KARACHI (May 03, 2009): The outflow of foreign portfolio investment continued as the offshore investors withdrew another $12.216 million from the country's equity market during April 2009. According to the National Clearing Company of Pakistan Limited (NCCPL) data.
EFU funds rates
KARACHI (May 03, 2009): EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday May 04, 2009.
Disturbances affect KSEKARACHI (May 01, 2009):
The benchmark KSE-100 index lost 69.20 points to close at 7,202.10 points level amidst thin volumes on Thursday due to investors' concerns over the deteriorating law and order situation. The market started on a negative note and the index hit 7,118.95 points intra-day low level, down by 152.34 point
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