KARACHI: The Pakistan Stock Exchange Wednesday again became bearish till midday after witnessing a bullish opening as the benchmark 100-index shed 66.73 points to drop to reach 42225.94 points level.
Earlier, the stocks opened with positive note and added 121.69 points to reach 42414.36 points level in early trading.
On Tuesday, the stocks witnessed another bearish session over political uncertainty in the country. The 100-share index lost 233.32 points and closed at 42292.67 points. Pressure was seen in heavy-weight stocks such as UBL, HBL and HUBC which contributed 83 points to the fall in index.
Overall, volumes declined by 34% to 365m shares, while value decreased by 33.5% Rs11.7b/$112m. BOP was volume leader with 29m shares traded, followed by PIA with 24mn shares and Japan Power with 18m shares.
