Bearish trend continues as PSX loses 900 points

KARACHI (PPI): A bearish trend at the Pakistan Stock Exchange was witnessed as the KSE-100 index closed below 41,500 points on Tuesday after witnessing a negative change of 2.15 per cent.

The index lost 903 points during the day’s trading session with investors trading shares valuing more than Rs5.74 billion.

The market closed at 41,115 points, reaching a high of 42,043 points during the day’s trading. A constricted trading session was witnessed with KSE-100 volume trading 62.8 million shares today.

Cement stocks led the volumes with 21.4m shares being traded followed by technology and communication with 14.6m shares traded.