KSE losses 94 points more to close at 9,154

KARACHI: Bears continued to grip Karachi Stock Exchange, as benchmark KSE-100 Index further lost 94 points to close at 9,154 on Thursday.

The stock market opened positive but later incidents of firing in Islamabad forced the investors to observe caution. At one point the Index plunged over 250 points to below 9,000 level where buying by financial institutions provided support and the Index closed 94 points down to the present level.

Trade volume was recorded at 180 million shares.

Arif Habib Securities remained the volume leader which lost Rs2.44 to close at Rs49.

KSE-30 Index slid 108 points to finish the day at 10,662.