Karachi (Staff Report): The Pakistan Stock Exchange (PSX) landed in the red on Tuesday for the second day as the benchmark KSE-100 Index lost 166 points.

The benchmark touched the day's high at 48,089 points but failed to sustain the bullish rally. It went on to touch a low of 47,370 points by closing.

The index slipped 0.35 per cent to touch 47,443 points by the end of today's session.

A total of 107m shares of KSE-100 companies changed hands during the session, with a total worth of nearly Rs8.6 billion.

Stocks of 356 companies were traded, of which 183 gained in value, whereas 151 declined and 22 remained unchanged.