KSE-100 index drops 204.54 points

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Staff Reporter

The four-day winning streak at the stock market came to an end on Friday as the KSE-100 index shed over 200 points, ending the last session of a short futures rollover week in the red.

The KSE-100 index opened on a moderately positive note, however, bears staged a comeback soon after and the bourse traded range bound before the midday recess.

Both bears and bulls continued to wrestle for control of the market throughout the second session as well.

At close, the benchmark KSE-100 index recorded a decrease of 204.54 points, or 0.45%, to settle at 45,521.63 points.