KSE-100 dips by 260 points on last day of week

KSE-100 dips by 260 points on last day of week

Karachi (Staff Report): The Pakistan Stock Exchange (PSX) ended the week in the red as the benchmark KSE-100 shed 260 points to close at 46,072 points.

The index touched a high of 46,350 points early on, and hit a day's low of 46,036 towards the session's close.

About 197 million shares worth Rs8.75 billion were traded at the exchange. Of the 349 traded scrips, 133 advanced, 200 declined and 16 remained unchanged.

The power generation and distribution sector dominated trading with over 38.7m shares traded.