Karachi (Staff Report): Bearish trend prevails at Pakistan Stock Exchange (PSX) on second consecutive day as the benchmark KSE-100 index lost 170 points, or 0.40 per cent, to close at 41,983 points.

Nearly 112 million shares of KSE-100 scrips, worth Rs9.74 billion in total, were traded during the day. Shares of 354 companies in all were traded, of which 98 advanced, 242 declined and 14 remained unchanged.

The cement sector dominated the day's trading with 25.7m shares traded. Engineering and oil and gas followed with 24.5m and 21.5m shares traded.