KARACHI: The bearish trend opened another trading day as Pakistan Stock Exchange (PSX) shed 258.74 points to reach 31023.70 points level in early trading on Friday.
On Thursday, the PSX laid off early gains to end its fourth session in the red zone, defying trends of the global markets and crude oil. Stock markets climbed up on Thursday after rebound in prices of crude oil. The benchmark KSE-100 rose up by 238.19 points trading early but midday profit taking dragged it down 220.34 points. It later settled at 31,282.44, shedding 187.26 points. The market volumes stood at 130.024 million with commercial banks in the lead.
