KARACHI: Stocks at the premiere bourse ended almost flat on Wednesday as investors chose to book profits after the index closed more than 1.7 percent higher the previous day, but losses were curtailed as bargain hunters accumulated middle tier shares, dealers said.
The Karachi Stock Exchange (KSE) benchmark 100-share index ended 0.08 percent, or 10.21 points, lower at 13,293.12 points.
Volume rose to 266 million shares, compared with 247.8 million traded on Tuesday.
"There was some selling from institutions at higher levels but retail investors were actively buying middle tier shares such as Jahangir Siddiqui and TRG Pakistan," said Shuja Rizvi, a dealer at brokers' Al-Hoqqani Securities Ltd.
Volume leader Jahangir Siddiqui ended 4.34 percent higher at 18.74 rupees, while TRG Pakistan closed 12.95 percent higher at 4.10 rupees. (Reuters)
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