Selling pressure in banking, oil stocks lands KSE in red zone
KARACHI: The Karachi Stock Exchange (KSE) closed lower on Friday, with the witnessed some profit taking in some stocks dealer said.
The benchmark 100-Index shed 0.24 percent or 53.88 points to settle lower at 22,160.85 mark.
According to traders selling pressure in banks and oil stocks forced index to close in negative.
National Bank of Pakistan fell 3.26 percent to Rs47.15 while Pakistan State Oil Co Ltd lost 2.01 percent to close lower at Rs295.
