Karachi: Pakistani stocks ended flat in dull trade yesterday as investors stayed on the sidelines in the absence of any positive triggers and uncertainty over an International Monetary Fund (IMF) loan.
The Karachi Stock Exchange's benchmark 100-share index .KSE ended a marginal 0.01 point up at 10,556.38.
Volume was 110 million shares compared with 125.45 million traded on Monday.
"Unless there is clarity on the IMF's fifth tranche or until the budget is announced, investors are likely to be cautious," said Asad Iqbal, chief investment officer at Faysal Asset Management.
The IMF board will likely meet in mid-May to consider the next tranche of Pakistan's $11.3 billion (Dh41.49 billion) loan, a source close to talks between IMF officials and Islamabad said last week.
