KARACHI: The Karachi Stock Exchange benchmark KSE 100-index Friday started with negative note and lost 122 points or 0.38 per cent to reach 31657.69 points with total volume of 6,988,150 shares in early trading.
On Thursday, the KSE 100-index lost just 1.90 points or 0.01 percent to close 31779.75 points and volume of 156,845,190 shares. Yesterday, the market opened at the overnight closing on a positive note after the government announced hold talks with Pakistan Tehreek-e-Insaf which rekindled the hope for an amicable resolution of the political unrest that had seen violent clashes and war of words.
Stocks cheered up at the thaw in ‘political standoff’ and not only recouped overnight losses but crossed 32,000 points level to climb up to 32076.33 points with handsome gains of 294.68 points or 0.93 percent till midday on Thursday.
