Karachi (Staff Report): Bearish trend prevailed at the Pakistan Stock Exchange (PSX) on Tuesday as the benchmark KSE-100 index lost 489 points, or 1.19 per cent, to close at 40,611 points.

Volumes experienced slight improvement with 184 million shares worth Rs 6.5 billion being traded in the session. Of the 367 symbols traded, 73 advanced, 273 declined while 21 remained unchanged.

The move meant KE dominated trading with 76.7 million shares traded, also losing 7.51pc of its value.