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Bearish Trend at PSX As 100-Index Sheds 389 Points

KARACHI: The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Tuesday, losing 389.90 points, with negative change of 0.85 per cent, closing at 45,292.87 points against 45,682.77 points on the last working day.

A total of 366,802,075 shares were traded during the day compared to the trade of 409,086,956 shares the previous day whereas the price of shares stood at Rs17.327 billion against Rs23.971 billion the previous day.

As many as 395 companies’ transacted shares in the stock market, 188 of them recorded gain and 191 sustained losses whereas the share price of 16 companies remained unchanged.