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Jul 16, 2013 06:53 pm views : 1711

Karachi Stock Exchange Analysis, Karachi

stock market downturn on second day of business week. 

After an Intense profit taking in Karachi stock market last week, at the start of business today index declined by 22.91 points.191 companies took part in trading,95 companies have shown decline while 88 companies have showed increase in their index.After decline of index from 100 point to 23149.44 the decline of 22.91 points is observed.

Waqar told investors this morning the market was increasing when a sudden sharp downturn started in the market.He said there is a potential that market could cross twenty thousand points.