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PSX Sheds By 423 Points

KARACHI: The 100-index of the Pakistan Stock Exchange (PSX) witnessed a bearish trend on Friday, losing 423.60 points, a negative change of 1.09 percent, closing at 38,407.98 against 38,831.58 points the previous day.

A total of 93,450,275 shares were traded during the day as compared to 157,822,378 shares the previous day, whereas the price of shares stood at Rs 3.508 billion against Rs 6.406 billion on the last trading day.

As many as 314 companies transacted their shares in the stock market; 103 of them recorded gains and 194 sustained losses, whereas the share price of 17 companies remained unchanged.