Friday , April 20 2018
Breaking News
Home / Markets / Stocks shed 108pts in early trading
Stocks shed 108pts in early trading

Stocks shed 108pts in early trading

KARACHI: The Pakistan Stock Exchange started the last trading day on bearish note and shed 108 points to drop to 46224 level in early trading on Friday.

On Thursday, the stocks posted third consecutive bearish session during current week, as dwindling investors’ confidence in blue chip stocks coupled with uncertainty over formal approval of parliamentarians for recently launched amnesty scheme dragged 100-share index down by 155 points. The index closed at 46,332 points. Out of 392 traded scrips, 157 managed to close green and 215 closed red while rest remained unchanged.

Top five stocks HBL (-2.3 percent), FFC (-1.9 percent), PSEL (-5 percent), LUCK (-1.1 percent) & NESTLE (-2.6 percent) withheld 165 points from the index whereas stocks including UBL (+0.9 percent), OGDC (+0.6 percent), HCAR (+4.6 percent), PAKT (+2.4 percent) & KEL (+2.8 percent) added 68 points to the index gain.