KARACHI -  Fear of foreign outflows kept stock investors cautious on Friday. As a result, the PSX 100-share index declined by 86.86 points and closed at 42,325 points.

SSGC and SNGPL declined by 2% and 1% respectively due to profit-taking. Cement stocks led some interest as international coal prices decreased. DGKC, MLCF and CHCC gained between 0.6%-1.8%. Overall, volumes decreased by 1.2% to 490m shares, while value decreased by 20.6% Rs12.3b/$118m.

Dost Steel led the volume with 63m traded shares, while Japan Power with 46m shares and PIA with 45m shares remained in spotlight in the market.

Of total 423 active scrips that participated in the session, 232 finished in negative, 178 closed in positive while 13 remained unchanged.

Top gainers in the market were Wyeth Pak whose share increased by Rs195.82 and closed at Rs4112.37 and Phillip Morris which gained Rs95.98 and closed at Rs2016.00. Colgate Palmolive, whose share decreased by Rs40.00 and closed at Rs1600.00, and Indus Motors CoXD, whose share price decreased by Rs23.38 and closed at Rs1516.07, were top losers in the market.