KARACHI: The Pakistan Stock Exchange (PSX) opened on the last trading day of the week keeping bearish note of previous day and shed 203 points to drop to 42572 points level in early trading on Friday.
On Thursday, the PSX benchmark KSE 100-index lost 572 points and closed at 42,775 points over prevailing political uncertainty in the country.
Investors participation also contracted during the day as trading volumes were down 26% whereas value was down 27%. Top 5 index point contributors to index decline were HBL (down 2%), MCB (3%), ENGRO (2.4%), UBL (1.5%) & NBP (3.9%), deducting 202 points from index while KEL (up 1 3%) BAFL (0 5%) NRL (0 6%), SNBL (2 2%) & PSMC (0 6%) added 12 points to the index.
Shares of total 402 active companied traded in the session of which 279 concluded in negative, 90 in positive while 33 remained unchanged. K-Electric Ltd with 12.5m shares traded and Sui South Gas with 11.2m shares traded led the volumes.
