KSE 100 Index stable with slight again

Amanullah Khan

Karachi

The KSE 100 Index remained positive at close on Wednesday with a slight gain of 8 points at 40733 levels.
The investors had to bear losses running in billions since the political turmoil stemmed from PANAMA case, they have become extra cautious to remain in the safer zone. The lack of investors interest was apparently reflected in ever declining market volume which was at 138 million all shares.
Engro Polymer was the volume leader today with a trade of 21 million shares to their credi. The other two volume leader of the day were including Azgard Nine and Aisha Steel with trade volumes of 8.91 million and 8.80 million shares to their credit respectively.
Meanwhile the international oil prices rose to US$52.60/bbl amid escalating tensions in Iraq threatens supplies while political uncertainty loom between the U.S. and Iran.

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