PSX starts week with bearish trend

PSX starts week with bearish trend

Karachi (Staff Report): Pakistan Stock Exchange (PSX) started the week at negative trend as the benchmark KSE-100 index lost 274 points, or 0.66 per cent, to close at 41,127 points.

Only 94.95 million shares worth Rs5.56 billion were traded in the market, with only 88 of the total of 351 traded symbols advancing, while 240 declined and 23 remained unchanged.

The technology and communications sector dominated the day's trading with 12.7m shares traded, with commercial banks and textile sectors following with 10.7m and 10.1m shares traded respectively.