Karachi (Staff Report): Bearish trend prevailed at the Pakistan Stock Exchange (PSX) on second day as the benchmark KSE-100 index lost 104 points to close at 46,477 points.

Around 220 million shares worth Rs7.9 billion were traded at the exchange as 199 of the 369 traded scrips advanced, 152 declined and 18 remained unchanged.

Trading was heavily dominated by the chemical sector as over 57m shares were traded in the sector while volumes of no other sector could cross 20m.