Abb Takk News

Bears Return as PSX Sheds 382 Points

KARACHI: Following a day’s respite, bears returned to the bourse on Thursday as the KSE-100 index shed 382 points because of weak political cues.

At close, the benchmark KSE 100-share Index recorded a decrease of 382.53 points, or 1.12%, to settle at 33,898.56.

Overall, trading volumes decreased to 138 million shares compared with Wednesday’s tally of 151.4 million. The value of shares traded during the day was Rs3.8 billion.

Shares of 364 companies were traded. At the end of the day, 109 stocks closed higher, 234 declined and 21 remained unchanged.