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Closing: KSE 100-index plunges 194pts, down 0.58 amid thin trade

Closing: KSE 100-index plunges 194pts, down 0.58 amid thin trade

KARACHI: The Karachi Stock Exchange benchmark 100-index lost 193.50 points or 0.58 percent to reach 33152.06 points and volume of 102,228,770 shares on Thursday.

Till midday, the KSE 100-index again witnessed negative note as 100-index shed 207.97 points to reach 33137.59 points.

On Wednesday, the Karachi stock market staged a snap recovery as KSE 100-index rallied by 154.10 points or 0.46% to close at 33,345.56 points. Traded volume declined to 104m shares as compared to 132m shares of the previous day, while value also decreased to Rs5b/$47.3m. Of total 358 traded companies in the session, 220 settled in advance, 113 closed in decline whereas 25 remained unchanged.

High and low were 33737.58 and 33093.61 respectively. Total volume traded in the market was 102,228,770 shares.