PSX starts week with negative trend, KSE-100 Index shed 265 points

PSX starts week with negative trend, KSE-100 Index shed 265 points

Karachi (Staff Report): The Pakistan Stock Exchange (PSX) started the week with bearish trend as the benchmark KSE-100 Index shed 265 points or 0.57 per cent to touch 46,593 points.

 The benchmark tested the day's high at 47,083 points within the first 10 minutes of the session, but fell rapidly after. It touched the day's low at 46,313 points during intraday trading.

A total of 74.8 million shares of KSE-100 companies changed hands during the session, with a total worth of nearly Rs 7.2 billion.

Stocks of 356 companies in all were traded on the exchange, of which 114 gained in value, whereas 209 declined and 33 remained unchanged.