KSE-100 Index dips by 376 points

KSE-100 Index dips by 376 points

Karachi (Staff Report): The Pakistan Stock Exchange (PSX) on Wednesday closed lower as the benchmark KSE-100 Index shed 376 points, or 0.88 per cent, to close at 42,290 points.

Volumes on the exchange remained low, with only 146.8 million stocks worth Rs5.4 billion traded. Only 99 of the 364 symbols traded advanced while 241 declined and 24 remained unchanged.

The technology sector dominated trading with 26.1m shares traded, while commercial banks and textile spinning followed with 21.6m and 19.3m shares traded respectively.