KARACHI: In a bid to recoup some overnight losses, the Pakistan Stock Exchange (PSX) Friday opened gaining 66.17 points and reach 31507.19 points level.
On Thursday, the PSX witnessed panic selling amid higher trades after major sell-off in global equities and slump in WTI crude prices. The benchmark KSE 100-share index posted a fresh loss of 713.15 points (down 2.22%) and concludes at 31,441.02 points. Traded volume increased by 65% to 190m shares while traded value increased by 43% to Rs9.7b/$91m. Out of total 348 traded companies in the session, 290 closed in red, 40 in green while 18 remained unchanged.
