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Bears rule continues as 100-index sheds 250 points

The downward trend prevailed on Pakistan Stock Market on the second day of the week and bench mark 100-index has declined by 250 points while PSX lost psychological limit of 47 thousands to reach three-month lowest level.

The investors shaky trust is still tumbling and PSX faces downward trend as it closed at 46874.

The 100-index was witnessed its lowest on three months ago on December 27, 2016 when it had slipped to 46900.

The trading volume of the market has also received sharp decline and reached at 198.2 million shares on its five-month low.