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Stocks shed 183pts in early trading

byMatiur Rehman
17/05/2018
in Markets, Stock Exchange
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KARACHI: The Pakistan Stock Exchange (PSX) on Thursday started day keeping previous day’s bearish note and lost 183 points to drop to 42118 level in early trading.

Yesterday, bears continued to dominate the PSX, with the benchmark KSE-100 index losing 158 points in one of the dullest trading sessions in recent months.

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The index oscillated from the day’s high of 42,580 points to a low of 42,199 before closing at 42,301 points on Wednesday. In all, only 77.5 million shares worth Rs2.9 billion were traded at the exchange, with volumes lower by around 100m. Of the 332 scrips traded, 131 advanced, 174 declined and 27 remained unchanged.

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