Abb Takk News

PSX witnesses bearish trend

These days Pakistan Stock Exchange (PSX) has been facing bearish trend. Today as well index was closed at 33,729 points after reduction of 30 points.

In addition as information of reduction in search of oil and gas reservoirs,  news of excessive profiteering in cement manufacturers and impact of global stock market today as well has kept PSX in negative zone.  However  at the ending of business activity, index was closed at 33,729 points after 30 points reduction, although trading  was recorded 24,14,000 shares despite bearish trend in market.