Karachi (Staff Report): A bearish trend prevailed at the Pakistan Stock Exchange (PSX) on Thursday as the benchmark KSE-100 Index shed 411 points to close at 42,942 points.

The index reached a day's high of 43,451 points during the first few minutes, whereas it hit a day's low of 42,860 points near the close.

Volumes edged up, with 219.5 million shares worth Rs 7.6 billion changed hands, compared to 207m shares worth Rs 7.8b traded yesterday. Of the 374 traded scrips, 89 advanced, 268 declined and 17 remained unchanged.