Karachi (Staff Report): The Pakistan Stock Exchange (PSX) on Thursday witnessed bearish trend as the benchmark KSE-100 Index shed 416 points to close at 43,680 points.

The index showed some positive activity in the first few minutes of the session to touch a day's high of 44,151 points. However, the benchmark could not sustain the positive momentum and adopted a negative trend for the rest of the session. It touched a day's low of 43,630 points near the end of the session.

In all, 246 million shares worth Rs9.5 billion changed hands during the session. Of the 360 traded scrips, 118 advanced, 224 declined and 18 remained unchanged.