PSX turns bearish, sheds 226 points

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The Pakistan Stock Exchange (PSX) turned bearish on Monday, with the benchmark KSE-100 Index shedding 226.15 points (-0.47 percent) to close at 48,012.52 points.

The market opened on a positive note; however, it entered the red zone and remained there till the end of the session. The KSE-100 Index traded in a range of 406.5 points, showing an intraday high of 48,370.4 points and a low of 47,963.9 points.

Among other indices, the KSE All Share Index shed 146.19 points (-0.44 percent) to close at 32,723.04 points, while All Share Islamic Index shed 193.83 points (-0.82 percent) to close at 23,568.02 points.

A total of 390 companies traded shares in the stock exchange, out of them shares of 151 closed up, shares of 220 closed down while shares of 19 companies remained unchanged.—TLTP

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