KARACHI: The Pakistan Stock Exchange became bearish till midday after shedding 386 points to drop to 47056.59 points level on Friday.
Earlier, the stocks opened on positive note and added 73 points to reach 47515.53 points level in early trading.
On Thursday, the stocks closed lower amid pressure in oil stocks after global crude prices sink below $45/barrel. The benchmark shares index lost 165 points to close at 47,442.73 level. Power Cement emerged volume leader with 110 million traded shares. Market participation improved as volumes surged 39 percent to 355 million shares, while traded value rose 12 percent to Rs11.6 billion.
