Tuesday 4 October 2011

Despite thin volumes KMI improved by 6pct during Sept

KARACHI: KMI 30 improved by 6 percent in the month of September despite volatility in global financial markets and persistent foreign outflows from the local market.


The month of September remained volatile for the local bourse following the trend in global equity markets. The low volumes are still posing question mark on the future prospects of equity market as market is severely lacking retail investors. The average volume remained weak at 26.52 million shares during the month under review.


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