KARACHI: The bearish trend further intensified as the Pakistan Stock Exchange (PSX) benchmark 100-index shed huge 1824.82 points level to drop to 47702 points level till midday on Monday.
Earlier, the stocks started week on negative note after shedding massive 960 points to reach 48568 points level in early trading.
On Friday, the PSX witnessed correction and with prices declining for most stocks, KSE-100 index lost 431.41 points to close at 49,527 level. Overall, volume declined to 308 million shares compared to 368 million shares changed hand yesterday while valve also decreased to Rs8 billion/$78 million. Scrips of total 348 active companies traded in the session of which 95 culminated in red, 231 closed in green while 22 remained unchanged.
