Jul 19, 2011

Stock prices end lower

KARACHI: Share prices at Karachi Stock Exchange (KSE) ended lower but dealers said activity is likely to pick up soon as quarterly earning season nears.

"I think the companies with a history of healthy dividends as well as those with strong business models will see some interest over the next few days," said Sajid Bhanji, director atbrokers Arif Habib Ltd.

The Karachi Stock Exchange's benchmark 100-share index ended 0.23 percent, or 28.28 points, lower at 12,318.24.

The trade volume today stood at 57.34 million shares. (Reuters)

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