Abb Takk News

Stock Market Ends Three-day Losing Streak

KARACHI: The benchmark KSE-100 index finally snapped its three-day losing streak on Thursday as it managed to pare losses and close in green albeit on a flattish note.

At close, the benchmark KSE-100 index recorded an increase of 4.80 points, or 0.01%, to settle at 41,903.50.

Overall, trading volumes decreased to 162.2 million shares compared with Wednesday’s tally of 197.1 million. The value of shares traded during the day was Rs6.8 billion.

Shares of 349 companies were traded. At the end of the day, 193 stocks closed higher, 136 declined and 20 remained unchanged.