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PSX witnessed negative trend, 100 index declines

KARACHI: The Pakistan Stock Exchange (PSX) witnessed a bearish trend on Friday as the KSE-100 index shed 478 points  

The 100 Index of the PSX lost 478.78 points, a negative change of 0.43 percent, closing at 112,085.30 points as compared to 112,564.08 points on the last trading day.

A total of 457.04 million shares were traded during the day as compared to 596.73 million shares the previous trading day, whereas the price of shares stood at Rs23.215 billion against Rs30.96 billion on the last trading day.

As many as 432 companies transacted their shares in the stock market, 135 of them recorded gains and 237 sustained losses, whereas the share price of 60 companies remained unchanged.