AGL 38.40 Decreased By ▼ -1.18 (-2.98%)
AIRLINK 127.67 Decreased By ▼ -3.55 (-2.71%)
BOP 6.95 Increased By ▲ 0.14 (2.06%)
CNERGY 4.52 Decreased By ▼ -0.19 (-4.03%)
DCL 8.19 Decreased By ▼ -0.25 (-2.96%)
DFML 38.70 Decreased By ▼ -2.77 (-6.68%)
DGKC 79.20 Decreased By ▼ -2.89 (-3.52%)
FCCL 31.70 Decreased By ▼ -1.40 (-4.23%)
FFBL 70.51 Decreased By ▼ -2.36 (-3.24%)
FFL 12.15 Decreased By ▼ -0.11 (-0.9%)
HUBC 107.49 Decreased By ▼ -3.25 (-2.93%)
HUMNL 13.90 Decreased By ▼ -0.61 (-4.2%)
KEL 4.89 Decreased By ▼ -0.30 (-5.78%)
KOSM 7.29 Decreased By ▼ -0.32 (-4.2%)
MLCF 37.50 Decreased By ▼ -1.40 (-3.6%)
NBP 68.08 Increased By ▲ 4.07 (6.36%)
OGDC 185.90 Decreased By ▼ -6.92 (-3.59%)
PAEL 24.60 Decreased By ▼ -1.08 (-4.21%)
PIBTL 7.29 Decreased By ▼ -0.05 (-0.68%)
PPL 147.48 Decreased By ▼ -6.59 (-4.28%)
PRL 24.70 Decreased By ▼ -1.13 (-4.37%)
PTC 16.90 Decreased By ▼ -0.91 (-5.11%)
SEARL 79.30 Decreased By ▼ -3.00 (-3.65%)
TELE 7.38 Decreased By ▼ -0.38 (-4.9%)
TOMCL 32.50 Decreased By ▼ -0.96 (-2.87%)
TPLP 8.18 Decreased By ▼ -0.31 (-3.65%)
TREET 16.64 Increased By ▲ 0.02 (0.12%)
TRG 56.00 Decreased By ▼ -1.40 (-2.44%)
UNITY 27.82 Increased By ▲ 0.31 (1.13%)
WTL 1.31 Decreased By ▼ -0.06 (-4.38%)
BR100 10,301 Decreased By -203.1 (-1.93%)
BR30 30,327 Decreased By -899 (-2.88%)
KSE100 96,643 Decreased By -1437.2 (-1.47%)
KSE30 30,083 Decreased By -475.4 (-1.56%)

Indian share prices slid 2.44 percent in volatile trade on Friday as investors chose to unwind positions fearing sharper falls on concerns over capital flow controls, dealers said. They said the markets could drop further until clarity emerges on a derivatives regulatory proposal on participatory notes.
The benchmark Sensex index closed 438.41 points down to 17,559.98, off the day's low of 17,226.18. Trading was halted on Wednesday as indices plunged more than nine percent but recovered to close down 1.76 percent after officials moved to reassure investors.
"Investors nerves are still rattled. We expect the markets to remain choppy on low volumes until clarity on the P-note proposal comes through," said a dealer with brokerage ULJK Securities. Capital goods, metal, banking and property stocks all suffered. The proposed regulatory change, issued late Tuesday, concerns participatory notes, which allow overseas investors to gain exposure to Indian stocks anonymously.

Copyright Agence France-Presse, 2007

Comments

Comments are closed.