KARACHI: The Pakistan Stock Exchange Friday opened bearish and shed 124 points to reach 49268 points level in early trading.
On Thursday, the lackluster activity prevailed in the market as the benchmark 100-index lost 362.28 points or (0.73 percent) to close at 49,392.44 points.
FFBL (rose 1.65%) in the fertiliser sector extended its previous day gain on the back of the news that there has been record DAP sales in the month of February 2017. FFC (decline 1.49%) and EFERT (1.59%) were major losers of the fertiliser sector. ANL was the volume leader as more than 12 million shares of the textile company exchanged hands. Overall, volumes decreased by 10 percent to 220 million shares, while value rose by 13 percent to Rs13.9 billion.
