Selling pressure continues to gloom KSE

KARACHI: Bears dominated at the Karachi Stock Exchange (KSE) depriving the benchmark KSE-100 Index of 26 points which finished the day at 5,429.The share market opened in the red zone and kept seesawing throughout the session. The major Index at one stage also witnessed a level as a high as 5,563 points. But later the investors opted to book profit which led the Index to close at the present level.The trade volume was recorded at 160 million shares.OGDC remained volume leader which slipped paisas 10 to close at Rs48.18.Market analysts predict selling in the coming sessions.