 |
| |
WEEKLY
SECTIONS |
 |
| |
|
 |
KSE on way back to 1999 situation, as index sinks by 400 points |
| |
Updated at:
1220
PST, Tuesday, August 26, 2008 |
| |
KARACHI: Karachi Stock Exchange (KSE), like other segments of the society, also seems severely rocked by the break up of the ruling political alliance, as the KSE-100 index today went reeling down by 400 points and pegged at 9408.
The market today opened in an extremely pensive environment, as the KSE like others in the country felt duped and deceived by the dud leaders of the country, from whom, they had pinned great hopes of making the democracy work and steering the country out of the lurking dangers instead of fast taking back the country to the fearsome 1999 situation, when the country was about to be declared a failed state.
Investors’ sentiments badly bruised and battered saw the market in utter lackluster, while the index kept dropping like ninepins and shortly evaporating by 400 points stood at 9,408. KSE-30 index also caved in by 520 points.
|
| |
|
|
|
|
ISSN 1563-9479 
