KSE-100 Index sheds 265 points on last day of week

KSE-100 Index sheds 265 points on last day of week

Karachi (Staff Report): The Pakistan Stock Exchange (PSX) closed the week on a negative note as the benchmark KSE-100 Index shed 265 points to close at 44,551 points.

About 270.7 million shares worth Rs 9.17 billion were traded in the session. Of the total of 351 traded scrips, 146 advanced, 175 declined and 30 remained unchanged.

The power generation and distribution sector dominated trading with 41.3m shares traded; cement and chemical scrips followed with 37.0m and 30.9m shares traded respectively.