Bears continue to grip local share market

KARACHI: The local equities market remained in the grips of bears on Friday too with the benchmark KSE-100 Index further losing 17 points to peg at 9,151. The share market began its activities in upbeat mode and at one stage the major Index was also witnessed at 9256 level. However, later selling in energy scrips led the to close in the red zone. The market turnover was registered at 170 million shares. TRG Pakistan was today’s star performer in terms of volume which gained paisas 14 to close at Rs2.59. KSE-30 Index eased 30 points to finish the day at 9,653.