KSE-100 index decreases 81.04 points

Staff Reporter

Stock trading remained range bound at the Pakistan bourse on Thursday and the benchmark index lost 81 points amid weak investor sentiment.

Investor spirits were dampened by the National Command and Operation Centre (NCOC) announcement of stricter restrictions across the country in the wake of rising Covid-19 cases.

Earlier, trading began with a spike and the index climbed in early hours, however, the momentum broke towards noon as investor interest weakened in the absence of positive triggers.

From that point, the index began descending and moved in a narrow range for the rest of the day.

At close, the benchmark KSE-100 index recorded a decrease of 81.04 points, or 0.18%, to settle at 45,230.18 points.