Bearish trend continues as PSX closes below 42,000 points

KARACHI: The bearish trend at Pakistan Stock Exchange continued as the KSE-100 index closed below the psychological barrier of 42,000 points on Monday after witnessing a negative change of 1.57 per cent. 

The index lost 667 points during the day's trading session with investors trading shares valuing more than Rs4.56 billion. 

The market closed at 41,974 points, reaching a high of 42,641 points during the day's trading. 

A constricted trading session was witnessed with KSE-100 volume trading 53.4 million shares today. 

Textile stocks led the volumes with 15.9m shares being traded followed by technology and communication with 14.3m shares traded.