KARACHI: The Pakistan Stock Exchange (PSX) Thursday remained bearish till midday as the benchmark 100-index shed 55 points to drop to 43292 points level.
Earlier, the stocks opened bearish and shed 98 points to reach 434249 points level in early trading.
On Wednesday, the stocks remained range-bound and the 100-share index, after making an intra-day low of 107 points and high of 183 points, closed at 43,347 points by gaining 94 points.
Top 5 index point contributors were MCB (up 2.1%), UBL (1.5%), PSO (1.5%), NML (3.2%) & NRL (4.3%) adding 107 points, while HBL (down 1.9%), SNGP (2.6%), MEBL (4.5%), OGDC (0.5%) & KEL (2.4%) eroded 120 points.
Total volume for the day was 223 million shares as compared to 219m shares in the previous trading session. While traded value stood at Rs12b/$113.6m. WTL (down 10%) and TRG (up 0.52%) from the tech sector led the volume with 26m shares and 24m shares traded respectively.
Scrips of total 396 active companies were participated in the session of which 207 closed in advance, 170 in decline while 19 remained unchanged.
