KARACHI: The Karachi STOCK EXCHANGE again witnessed a ‘bearish morning’ as benchmark KSE 100-index shed 123.71 points or 0.41 per cent to 30110.16 points in early trading on Wednesday.
The market touched the highest level of 30279.39 and lowest level of 30024.15 points with the total volume of 16,429,350 shares.
On Tuesday, the KSE recouped after 9 per cent fall in the last 5 sessions and up 4.5% or 1,307 points to settle at 30,234 points with volumes of over 260m shares worth of Rs11.5b/$115m.
After the end of the foreign selling spree on Monday, local investors gained confidence as the KSE 100-index posted the highest gain ever in terms of number of points. Previously, the highest gain posted by KSE was 1,064 points.