KARACHI: Bears staged a comeback at the bourse on Wednesday as the benchmark KSE-100 index shed 264 points amid a lack of positive triggers and an uncertain domestic and international economic outlook.
At close, the benchmark KSE 100-share Index recorded a decrease of 264.03 points, or 0.83%, to settle at 31,565.21 points.
Overall, trading volumes increased to 104.8 million shares compared with Tuesday’s tally of 88.8 million. The value of shares traded during the day was Rs4.17 billion.
Shares of 362 companies were traded. At the end of the day, 130 stocks closed higher, 212 declined and 20 remained unchanged.
