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Stocks recoup 195pts in early trading

byMatiur Rehman
07/04/2017
in Markets, Stock Exchange
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KARACHI: The Pakistan Stock Exchange Friday started the last trading day of the week on positive note and gained 195 points to reach 47551 points level in early trading.

On Thursday, the stock market again closed negative at 47,356 level declining by 221 points or (0.46%) amid thin activity on concerns for economic uncertainty after IMF warns of fiscal, energy challenges.

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UBL, ENGRO and NBP contributed 98 points to the fall in index. Volumes in the market further skimmed to around 146 million shares versus 185 million shares traded previously, while value decreased by 6.8 percent at Rs8.2 billion.

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