PSX closes week with bearish trend

PSX closes week with bearish trend

Karachi (Staff Report): The Pakistan Stock Exchange (PSX) closed the week with bearish trend as the benchmark KSE-100 Index shed 261 points to close at 43,595 points.

In all, 164.7 million shares worth Rs6.12 billion were traded at the exchange. Stocks of 359 companies were traded, of which 92 grew in value, 242 declined and 25 remained unchanged.

The cement sector dominated trading with 37.8m shares traded, while others lagged far behind.