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STOCKS - KARACHI MARKET CLOSES LOWER - JAN 31, 2005.
KARACHI, Jan 31 Asia Pulse - The market experienced a long overdue correction as the Karachi Stock Exchange (KSE)-100 Index dropped 155 points to close at 6798.
According to Taurus Securities Limited, turnover was at 558 million shares. One of the major factors behind the correction on January 28 was the January future contracts as January 28 was the last day of trading.
The other factor was profit taking in most major scrips. Pakistan Telecommunication ...
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Source: HighBeam Research, STOCKS - KARACHI MARKET CLOSES LOWER - JAN 31, 2005.