KARACHI – The Pakistan Stock Exchange witnessed a bearish trend on Tuesday with the benchmark KSE-100 index shed 116.66 points to drop to 48539.06 points level at closing.

The PSX recorded the highest trading level of 48662.51 points and the lowest level of 48061.27 points. The total volume remained over 195.12 million shares with value of Rs11.98 billion. As many as 374 companies took part in trading; of which 122 advanced, 239 declined and 13 remained unchanged.

TRG Pak Ltd was the volume topper with 14.39 million shares, adding Rs 0.53 to finish at Rs 53. It was followed by Sui North Gas with 12.13 million shares, losing Rs 0.41 to end at Rs 129.71 and Power Cement with 11.9 million shares, adding Rs 0.96 to close at Rs 19.28.

Unilever Foods with price per share of 6250 (215.28), Colgate Palmolive with price per share of 2204 (104) and Pak Tobacco share of 1365 (65) were top three gainers.

The top three losers were Rafhan Maize with price per share of 7711 (-188), Wyeth Pak Ltd with price per share of 2275.24 (-119.74) and Philip Morris Pak per share of 2161.15 (-113.74).