The bear rampage has heavily dented the stock market since the start of the week. Reuters/File
Stocks extended their decline for a fourth day when the KSE-100 index plunged by another 911.92 points, or 2.09 per cent, to settle at 42,779.76 points on Thursday.
After the market opened at 43,691.68 points, the index hit an intraday high of 43,891.00 but entered the red territory as the day wore on. It recorded an intraday low of 42,688.20 – down 1,003 points.
The bear rampage has heavily dented the stock market since the start of the week with the KSE-100 index dragged down by 3,057 points, which market watchers said had wiped off all the gains since January 1.