Foreign investors save the day

Karachi : Pakistan's Karachi Stock Exchange (KSE) recorded lacklustre trading activities yesterday as local participants largely remained sidelined owing to a global uncertainty over repercussion of a likely Greek exit from euro which left the market turnovers to paltry figure of just over 100 million shares yesterday.

However, foreign investors saved the day for Pakistani stocks with net buying of Rs406.537 million on Monday.

The benchmark KSE 100-Index inched slightly down by 0.01 per cent or 1.72 points to start fresh week with a closing point of 14,228.77 on Monday as against Friday's figure of 14,230.49.

The KSE All Share Index inched up by 0.02 per cent or 2.19 points to close at 9,985.47 levels, the KSE 30-Index gained 0.3 per cent or 37.02 points to conclude at 12,410.41 levels.