Share market stumbles, then stabilises

KARACHI: Yesterday, the Pakistan Stock Exchange’s benchmark KSE-100 Index experienced a correction, marking a deviation from its seven consecutive sessions of gains.

Wednesday morning saw the share market shooting past the 61,000 points. However, by the day end the index had settled at 60,502 points.

Gold rates in Pakistan witness downtrend

Thursday (today) the index continued fluctuating, failing to cross the 61,000 mark but managed to show stability above 60,400 points. The lowest the index touched on Thursday was 60,438.67 points, soon after touching the day’s highest at 60,981.67 points.

By the afternoon, the index was seen hovering at 60,478.39 points, with nearly 200 million shares trading hands.