Bears weaken grip on bourse as KSE-100 advances over 1,000 points

Pakistan’s benchmark equity index, the KSE-100, had gained 1092.95 points as of 11:31am on Thursday, signalling a modest recovery during early intraday trading. The advance places the index 0.66 per cent above its previous close of 164,626.29 points. So far in the session, the index has touched an intraday low of 162,953.63 and a high of 165,827.14. The 2,873.51 point range reflects the elevated volatility that has persisted from earlier in the week into today’s trading. Investor sentiment re...