Pakistan, Oct. 23 -- The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) witnessed a steep bearish momentum on Thursday, shedding 2,006.67 points, a negative change of 1.21 percent, to close at 163,924.32 points against 165,930.99 points recorded in the previous trading session.

The ready market witnessed a trading volume of 367.094 million shares, compared to 379.905 million shares traded in the previous session, while the traded value decreased to Rs17.998 billion from Rs21.281 billion.

Market capitalisation dropped to Rs18.173 trillion from Rs18.384 trillion recorded a day earlier.

Out of 494 companies that traded in the ready market, 101 posted gains, 355 suffered losses, while 38 remained unchanged.

Pak Refinery led ...