Stock market witnesses bearish trend

KARACHI: Bearish trend prevailed at the Pakistan Stock Exchange on the last day of the week as 156 decreased in the index.

The negative trend has gripped the PSX on Friday as it lost 156 points while the market is trading at 40, 299.

 Yesterday, The benchmark KSE 100 index witnessed a decline of 159.84 points, or a decrease of 0.39 percent to eventually close at 40,724.41 points. The total volume of scripts was 92.535 million valued at Rs5.084 billion.

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 Meanwhile, the lower bench KSE 30 index declined by 77.27 points (0.41 percent) and close at 18,713.45 points. The total volume of scripts was 54.672 million.