Market watch: KSE-100 extends bearish run, loses 120 points - News Summed Up

Market watch: KSE-100 extends bearish run, loses 120 points


Benchm­ark KSE-100 index decrea­ses 0.3% to settle at 39,568.10KARACHI: The KSE-100 index extended its bearish run on Wednesday and closed lower by 120 points amid a lack of positive triggers. Trading volumes remained lower as uncertainty prevailed in the market. JS Global analyst Maaz Mulla said the KSE-100 index closed negative after range-bound activity during which the index hit intra-day low and high of -194 points and +157 points respectively. Overall, trading volumes decreased to 81.4 million shares compared with Tuesday’s tally of 163.9 million. It was followed by Unity Foods with 5.98 million shares, losing Rs0.31 to close at Rs17.49 and K-Electric with 5.19 million shares, losing Rs0.07 to close at Rs6.21.


Source: The Express Tribune March 06, 2019 15:00 UTC



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