The Pakistan Stock Exchange looked bearish yet again on Wednesday as the benchmark KSE-100 Index shed 462 points.

The index slipped 0.96 per cent to touch 47,607 points by the end of today's session.

The benchmark touched the day's high of 48,602 points within the first 15 minutes of trading but failed to sustain the bullish rally. It went on to touch a low of 47,485 points by closing.

Trading activity was led by the cement sector, with 71 million shares changing hands during the session, followed by the banking and engineering sectors with 41m and 35m shares respectively.

A total of 75m shares of KSE-100 companies changed hands during the session, with a total worth of nearly Rs8.2 billion.

Stocks of 373 companies were traded, of which 81 gained in value, whereas 269 declined and 23 remained unchanged.

Volumes were led by:

Power Cement(R): 59.5m shares traded [-60.38 pc];

Bank of Punjab: 19.6m shares traded [-35.09pc];

Dost Steels Ltd: 17.6m shares traded [-7.14pc];

TRG Pak Ltd: 13.6m shares traded [-4.91pc];

K-Electric Ltd: 7.6m shares traded [-2.87pc].