KARACHI: The bearish trend continued on Thursday at the Pakistan Stock Exchange as 100-index shed another 411 points to drop to 50181 points level in early trading.
On Wednesday, bearish activity was also witnessed at PSX as the benchmark shares index lost 861 points (down 1.67pc) to close at 50,591.57 points.
Volumes improved to 411 million shares versus 235 million shares traded in the previous session, while traded value rose to Rs53 billion. Oil & Gas Dev emerged volume leader with 27 million traded shares, followed by Engro Corp with 23 million traded shares and K-Electric with 21 million traded shares stood second and third. Scrips of total 382 active companies traded in the session, of which 109 finished in green, 248 in red while 25 remained unchanged.
