KARACHI: Stocks failed on the last exchanging day of the abbreviated four-day week (Feb 5 being Kashmir Solidarity Day). The KSE-100 file shut in red by 27.84 focuses, or 0.08 percent, at 46,905 focuses on Thursday.
The file again tried the three-year-high 47,000 level, however solid obstruction set up by the bears didn’t permit it to hang on and the benchmark again beat a hurried retreat. The meeting saw a reasonable level of instability with the record taking a solid beginning and climbing right to intraday high by 406 to 47,342. Scared at the lightheaded stature and with delayed occasions ahead, people, dealers, protection and organizations turned to benefit taking on all areas, which pulled down the file causing hefty misfortunes in some significant stocks
