Source: AFP

KARACHI — Pakistan share prices opened sharply up in early trading on Thursday, dealers said, after three successive drops in the wake of the assassination of Benazir Bhutto.

The benchmark Karachi Stock Exchange KSE-100 Index was up 2.6 percent following the announcement of February 18 as the new date for elections postponed in the wake of Bhutto’s death.

On Monday, the first trading day after Bhutto’s killing, the bourse slumped 4.7 percent. It fell 2.9 percent Tuesday and a further 2.3 percent on Wednesday, before the new election date was announced.

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Tags: index, Karachi, Stocks