Karachi: Pakistani stocks ended flat in thin trade Monday as most investors remained on the sidelines in the absence of any trigger in the market.
"Most of the trades were in second- and third-tier stocks today, which shows the lack of interest on the part of the bigger investors," said Sajid Bhanji, director at brokers Arif Habib Ltd.
However, dealers said trade may pick up soon on hopes of healthy earnings for the financial quarter ending September 30, due to be announced in the coming weeks.
The Karachi Stock Exchange's benchmark 100-share index ended 0.03 per cent, or 2.59 points, higher at 10,045.03.
Turnover was 53.28 million shares, compared with 63.82 million shares on Friday.
In the money market, overnight rates ended flat at 10.50 per cent.
