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KARACHI: The Pakistan Stock Exchange (PSX) continued with its losing streak for the fourth consecutive session on Friday, with the benchmark Index plunging 226 points, or 0.48 percent, to close at 47,136.53 points.
The KSE-100 Index touched its intraday low of 46,869.10, failing to find any positive triggers, it closed lower by 226.74 points at 47,136.53. The benchmark index suffered its fourth successive fall, bringing the total retreat since Monday to a cumulative 976 points.
The KMI-30 Index declined by 57.89 points to end at 76,769.01, while the KSE All Share Index fell behind by 135.25 points, closing at 32,229.17.
Sectors dragging the benchmark KSE-100 index lower on Friday included banking (62.87 points), fertiliser (29.07 points) and textile composite (27.40 points).
Volume on the all-share index inched up from 360.81 million on Thursday to 382.37 million on Friday. The value of shares traded during the session increased to Rs13.29 billion, from Rs11.74 billion on Thursday.
WorldCall Telecom remained the volume leader with 31.63 million shares, followed by K-Electric Limited with 26.43 million shares, and Byco Petroleum at 20.08 million shares.
Shares of 469 companies were traded on Friday, of which 128 registered an increase, 324 recorded a fall, while 17 remained unchanged.