KARACHI: The Pakistan Stock Exchange Thursday again opened negative with 104 points loss in early trading and reached 47473 points level.
On Wednesday, the stocks witnessed bloodbath activity as the PSX shares index lost 511 points or (1.06%) to close at 47,577 level.
This pressure in the market was on the back of investor scepticism regarding the political scenario after Lahore attack on census team. Banking sector led the decline as the sector lost to close (2.6pc) lower. HBL (slip 2.08pc), MCB (1.52pc) and NBP (5pc) in the aforementioned sector lost value to weigh down on the index. Volumes were led by Aisha Steel Mill with 13.22 million shares traded, Byco Petroleum with 12.53 million shares traded, Azgard Nine with 12.41 million shares traded and Bank of Punjab with 11.52 million shares traded. Scrips of 384 companies were traded on the exchange, of which 69 gained in value, 303 declined and 12 remained unchanged.
