LAHORE - The Karachi Stock Exchange shed another 159.88 points this week to close at 9,614.19 points as compared to 149.07 points loss of last week amid political uncertainty. This week, the average turnover remained 167.265 million shares as compared to 207.882 million shares of the previous week; reflecting downward trend of 40.617 million shares. On the other hand, the junior KSE 30-index lost 229.79 to close at 10056.18 as compared to 188 points loss in the previous week. Bears overwhelmed the market for four consecutive days while bulls turned back the equity on the last day of business week on Friday only. The bourse started business on Monday with negative note when KSE 100-index shed around 84.87 points followed by Tuesday, Wednesday and Thursday with 22.72, 63.00 and 23.74 points respectively. All along the week except Friday, local investors opted for panic selling in the backdrop of rising political uncertainty over the NRO issue as lawyers plan strike to get NRO verdict implemented and local investors concern over falling rupee value. The news that have impact on the trading activities at the market were shareholders of MCB Bank file case against SBP for not allowing the MCB Bank to acquire Royal Bank of Scotland (RBS) unless the bank meets the SBPs requirement; CNG-petrol price gap to be maintained in future; domestic debt swells 20.3pc; Ex-refinery pricing, Govt may revert to guaranteed return formula, wealth and reconciliation statements made mandatory for non-filers of income tax returns; petrol price hike likely; Suroor group to acquire MyBank, ATBL, AHBL along with Etisalat to pay $800m by March and marketing of optimism regarding likely cut in policy rate, have pushed the investors on the sidelines.. Conversely, the investment companies, along with cement and textile sector stocks, mainly on account of short covering, allowed the benchmark to register positive note on the last day of business week Friday. However, for future planning, investors have to consider ongoing U.S efforts of making an exit from Afghanistan and its likely impact on the country. On the first day of the week Monday, after losing 1.5 per cent last week, the stock market started the new week on dismal note as well and the KSE 100-index lost 84.87 points to close at 9,689.20 points on turnover of 119.61 million shares. On the other hand, the KSE 30-index closed at 10172.76 with a loss of 111.50 point. Trading activity was minimal as compared to the last trading session as the ready market volume stood at 161.232m as compared to last trading sessions 193.623m. On Tuesday, the stock market again fell in dull trade because of political uncertainty. The Karachi Stock Exchanges benchmark 100-share index ended 0.23 percent, or 22.72 points, lower at 9,666.48 points. The KSE 30-index closed at 10147.58 with a loss of 25.18 points. Trading activity was better as compared to the last trading session as the ready market volume stood at 161.799m as compared to last trading sessions 161.232m. Wednesday proved to be once again unlucky for KSE as the bear-run continued at the stock market as well as local investors sold shares following foreign selling over the past few days. The Karachi Stock Exchanges benchmark 100-share index, which opened in green zone with a gain of 39.70 points, ended 0.65 percent, or 62.93 points, lower at 9,603.55 on turnover of 114.87 million shares. The KSE 30-index closed at 10038.87 with a loss of 108.71 point. Trading activity was minimal as compared to the last trading session as the ready market volume stood at 146.545 million as compared to last trading sessions 161.799 million. On Thursday, the Karachi stock market stocks ended lower because of a fall in international oil prices and political uncertainty. The Karachi Stock Exchange (KSE) benchmark 100-share index, which opened in the green zone with a gain of 30.60 points, ended 0.25 percent, or 23.74 points, lower at 9,579.81 on turnover of 140.43 million shares. The KSE 30-index closed at 10017.88 with a loss of 20.99 points. Trading activity was better as compared to the last trading session as the ready market volume stood at 182.775 million as compared to last trading sessions 146.545 million.