KARACHI: The Pakistan Stock Exchange (PSX) Friday opened bearish, shedding 6 points to reach 39441 points level.
On Thursday, the stocks fell deeper after the indices wiped off gains of the morning season. Profit taking in the cement sector dented the index most. The bourse traded opposite to regional peers, which edged up. The benchmark index jumped 208.38 points to 39,824.14 in early trading hours but failed to sustain gains and dropped to a low of 39,395.79, a fall of 219.97 points. The index landed down 169.06 points at 39,446.70. The KMI 30 index traded was supported by the oil sector as it hit a high of 70,053.68 up 536.59 points but later shed 368.06 points. The index ended the session at 69,218.91, 298.18 points in the red. The market volumes slipped down to 204.85 million from 227.61 million.
