KARACHI: Karachi Stock Exchange (KSE) continued to remain in the grips of bears on the third consecutive day as the benchmark KSE-100 Index further slides by 49 points to 9,301 on Thursday.

The Index today began its march in the positive zone but the early hour gains were eroded when investors opted to off load their holdings in energy and banking sectors.

The trade volume was recorded at 220 million shares.

Jehangir Siddiqui Company was today’s volume leader which eased paisas 43 to close at Rs.38.75.

KSE-30 Index lost 85 points to peg at 9,946.

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