Bearish trend prevails at PSX

Bearish trend prevails at PSX

Karachi (Staff Report): Bearish trend prevailed at the Pakistan Stock Exchange (PSX) as the benchmark KSE-100 index shed 158 points on Wednesday to close at 42,301 points.

In all, only 77.5 million shares worth Rs2.9 billion were traded at the exchange, with volumes lower by around 100m. Of the 332 scrips traded, 131 advanced, 174 declined and 27 remained unchanged.

Commercial banks dominated the exchange with 12.8m shares traded.