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KSE recoups overnight losses, gains 171pts in early trading

byMatiur Rehman
09/12/2015
in Markets, Stock Exchange
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KARACHI: The stocks Wednesday recouped the overnight losses by gaining 171.24 points to reach 32962.95 level in early trading.

On Tuesday, the Karachi Stock Exchange closed bearish on global equities sell-off owing to weakness in energy stocks after crude prices fell to a 7-year low of around $37 per barrel. The KSE 100-index lost 61.83 points to close at 32791.71 points. Total volume increased by 23% to 192m shares while traded value went up by 17.5% to Rs9.4b ($88m).

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