KARACHI: Despite record fall on previous day, the Karachi Stock Exchange Tuesday took a good start and added 57.49 points to reach 33157.83 points level.
On Monday, the stocks collapsed as the global meltdown over China’s yuan devaluation along with tumbling oil prices sank the Karachi bourse deeper into crisis with index dipping to almost 5%.
The Karachi Stock Exchange (KSE)-100 index lost 1,419.43 points to close at 33,100.34 points as compared to 34519.77 of the previous session. The KSE-30 Index shed 949.94 points and closed at 20158.25 points against 21108.19 points of the last closing.
The market volume jumped to 322.553 million shares traded as compared to 314.498 million shares traded in the previous session. Trading value at local bourse fell to Rs 12.543 billion against Rs 13.932 billion of the previous session. Out of 386 scrips, 24 scrips advanced, 386 scrips declined while the value of 5 scrips remained unchanged.
