Pakistan's KSE ends week with marginal gains

14:18, June 05, 2010      

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Bulls had the last laugh in final session of the trading week at Pakistan's Karachi Stock Exchange ( KSE) on Friday as the main index managed to end with clipped gains.

The benchmark KSE 100-Index swelled by 0.16 percent or 15.58 points to close at 9,636.88 points, KSE 30-Index improved by 0.31 percent or 29.91 points to finish at 9,607.42 levels, whereas KSE All Share Index moved up slightly with 0.16 percent or 10.64 points to conclude the week at 6,757.67 levels.

However, investors mostly remained absent from the trading proceedings as market turnovers were reduced to 98.211 million shares as compared to 140.608 million shares, showing a contraction by 42.937 million shares.

The market started the day amid some pressure but bulls kept showing some promise, though in patches, as the first blood was won by the bears and dragged the main index into the red ink where it stayed for the better of the trading session, during which, it touched the lowest level of the day of 9,543.47.

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