Karachi (24 News): The Pakistan Stock Exchange continued its bearish trend on Friday by losing another 373 points. Trading volumes were also seen at a record low, 24 News HD reports.
On the last trading session of the week, the benchmark KSE 100 index continued to show a bearish trend. The trend was attributed to the pending decision of the Panama Case, as the trading saw a sharp decline of 46% due to suspicion of the investors.
At the end of the session the KSE 100 Index stood at 48,577 points.
Overall, share trading value stood at Rs. 12 Crore 57 lakhs.
Shares of 375 companies were bought and sold, with an increase in the share prices of 171 companies, while a decrease in share price of 284 companies was recorded.
The overall market value of the shares declined to Rs. 94.22 hundred thousand billion with a sharp net decrease of Rs. 98 hundred billions.