Bears rule PSX after market loses 1,042 points

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APP
Men use their cell phones as they stand in front of electronic board displaying share market prices during a trading session in the halls of Pakistan Stock Exchange (PSX) in Karachi, Pakistan, June 12, 2017. Reuters/Akhtar Soomro/Files

ISLAMABAD: Bears ruled the Pakistan Stock Exchange (PSX) on Monday as KSE-100 index closed at 30,579.15 points with a negative change of 1042.64 points (3.30%) as compared to 31,621.79 points on the last working day.

A total of 233,329,238 shares worth Rs8.711 billion exchanged hands as compared to the trade of 251,874,893 shares worth Rs 9.262 billion during the previous day.

As many as 339 companies transacted shares in the stock market, out of which 47 recorded gain and 278 sustained losses, whereas the share price of 14 companies remained unchanged.