KARACHI: The bearish note continued till midday as benchmark 100-index further dropped 119 points to drop to 36821.71 points level.
Earlier, the Pakistan Stock Exchange opened keeping negative note and shed 44 points to reach 36897 points level in early trading.
Last week, the stocks registered a negative growth of 0.8 percent due to profit-taking.The key sectors, chemicals, cements, banks and electricity witnessed profit-taking whereas heavyweight oil & gas gained on a WoW basis. The volumes decreased by 36 percent WoW to 152m shares/day and average daily traded value receding to $79m (down 25 percent WoW).