Global Stock Exchanges - STOCK EXCHANGES AROUND THE WORLD - Pakistan's stocks index loses 105 points.

Author:Kazmi, S. Kamal Hayder

Byline: S. Kamal Hayder Kazmi

After posting gains for three consecutive sessions, the KSE-100 index lost ground on Friday and closed with a decline of 105 points in range bound trading. A host of corporate financial results were released during the day, which heavily influenced direction of the market.

Trading kicked off on a positive note and the index managed to cross the 33,900-point mark multiple times in the first session before closing with a gain of nearly 130 points. At close, the benchmark KSE 100-share Index recorded a decrease of 105.02 points, or 0.31percent, to settle at 33,657.46. Overall trading volumes remained healthy at 170 million shares, mainly contributed by the transport sector (36.7 million)...

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