PSX loses 588 points.

ISLAMABAD -- The Pakistan Stock Exchange (PSX) on Monday witnessed bearish trend as the KSE 100 index closed at 40,209.82 points against 40,798.43 points on the last working day, with negative change of 588.61 points (1.44 per cent). A total 377,650,242 shares were traded during the day compared to the trade of 358,824,286 shares the previous day whereas the price of shares stood at Rs12.941 billion against Rs11.932 billion previous day. As many as 406 companies' transacted shares in the stock market, 74 of them recorded gain and 314 sustained losses whereas the share price of 18 companies remained unchanged. The three top traded companies were Power Cement with a volume of 50,577,500 shares and price per...