Karachi (Staff Report): The Pakistan Stock Exchange (PSX) saw a bloodbath on Tuesday as the benchmark KSE-100 index lost 1,389 points.

The benchmark index plunged 3.07 per cent, falling through the 45,000 level to close at 43,899 points. The market tested the day's high at 45,419 as the benchmark showed some positive movement in the first few minutes but failed to sustain the momentum.

A total of 85.4m shares of KSE-100 companies changed hands during the session, with a total worth of nearly Rs6.9 billion.

Stocks of 379 companies in all were traded on the exchange, of which 39 gained in value, whereas 326 declined and 14 remained unchanged.