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Stock prices drop as KSE 100-Index slips 202 points

Written By Unknown on Thursday 25 July 2013 | 08:31

Stock prices drop as KSE 100-Index slips 202 points
KARACHI: Prices of local equities dropped at Karachi Stock Exchange (KSE) as the main 100-share Index lost 202.54 points to close at 23,573.68 on Thursday.
Profit-taking was witnessed mainly in oil, banking and fertilizer sectors while the scrips of telecom and cement closed in the green zone.

According to dealers, MLCF and Fauji Cement closed at their upper ceiling in view of expectations of better earnings in June this year.
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