Karachi (Staff Report): Negative trend witnessed at the Pakistan Stock Exchange on Friday as the KSE 100-share Index recorded a decrease of 431.34 points or 1.04% to end at 40,958.65 points.

Overall, trading volumes fell slightly to 147.3 million shares compared with Wednesday’s tally of 147.8 million.

Shares of 379 companies were traded. At the end of the day, 68 stocks closed higher, 302 declined while nine remained unchanged. The value of shares traded during the day was Rs8.5 billion.

TRG Pakistan was the volume leader with 15.8 million shares, gaining Rs 1.33 to close at Rs 38.57. It was followed by Azgard Nine with 10.9 million shares, losing Rs 0.05 to close at Rs 13.56 and Habib Bank with 8.2 million shares, losing Rs 7.41 to close at Rs 152.94.

Foreign institutional investors were net buyers of Rs 101 million during the trading session, according to data compiled by the National Clearing Company of Pakistan Limited.