KARACHI: The stocks Wednesday started trading with negative note as the Karachi Stock Exchange benchmark KSE-100 index lost 46.25 points to reach 32835.77 level.
On Tuesday, bullish sentiments dominated Karachi shares market as the KSE 100-index closed at 32,882 points, up by 55.78 points. The market closed in the green on the back of activity in the cement sector led by Lucky Cement, which rose 2.4%, and DGKC, up by 1.2%, as prospects of strong earnings growth invited fundamental investors. Stocks closed higher after surge in WTI crude prices above $46/barrel. Major activity was witnessed in mid cap stocks like, BYCO, DCL, TRG and DGKC with traded volumes of 14.7mn, 8.7mn, 7.6mn, and 6.9mn shares respectively.
