PSX Remains in Red as Lack of Positive Triggers Keeps Investors Wary 

The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Monday losing 342 points, a negative change of 0.31 percent, closing at 111,743 points as compared to 112,085 points on the last trading day.    Brokerage House Topline Securities highlighted in a note that the market experienced a volatile session today, oscillating between gains and losses.    The index reached an intraday high of 439 points before plunging to a low of 571 points, ultimately closing at 111,743 points. Initial optimism faded as the lack of positive triggers dampened investor sentiment, triggering a sell-off in the latter half of the session. With no major catalysts to sustain momentum, the market drifted into negative territory by the close, it said.  A total of 511,194,686 shares were traded during the day as compared to 457,049,928 shares the previous trading day, whereas the price of shares stood at Rs. 19.635 billion against Rs. 30.965 billion on the last trading day.    As many as 434 companies transacted their shares in the stock market, 130 of them recorded gains and 234 sustained losses, whereas the share price of 70 companies remained unchanged.