Karachi (Staff Report): Bearish trend prevailed at the Pakistan Stock Exchange (PSX) as the benchmark KSE-100 Index shed 224 points on Tuesday to close at 44,233 points.

The index opened higher and touched a day's high of 44,615 before mid-day trading cut into early gains amd the index slid to a low of 44,081 points. It recovered slightly thereafter to close above 44,200 points.

A total of 282.5 million shares worth Rs9.5 billion were traded at the exchange. While 132 of the 365 traded scrips advanced, 214 declined and 19 remained unchanged.