KARACHI: The bearish note further deepened till midday as the Pakistan Stock Exchange witnessed 113 points loss to reach 48858 points level on Monday.
Earlier, the stocks opened on negative note and shed 96 points to drop to 48875 points in early trading.
On Friday, the stocks closed lower amid pressure in banking stocks. KSE-100 index remained lacklustre during the day as the index traded between an intraday high of 122points and low of 89 points to close at 48,971 level (down 46 points), owing to jitters from the political backdrop. Overall, volumes increased by 11.3 percent to 353 million shares, while value decreased by 14.3 percent to Rs11.3 billion/ $108.63 million. KEL (gain 3.21%), BOP (5.67%) and ASL (4.97%) were the volume leaders.
