PSX turns bearish, sheds 1,116 points
The Pakistan Stock Exchange (PSX) experienced a bearish trend, with the KSE 100-index falling by over 1,100 points to close at 177,083.22. Trading volume and market capitalization both saw declines as the majority of traded companies posted losses.
Why it matters
Significant market fluctuations in the PSX reflect broader economic volatility and investor sentiment within Pakistan's financial sector.
ISLAMABAD - The benchmark KSE 100-index of the Pakistan Stock Exchange (PSX) turned around to bearish trend on Tuesday, losing 1,116.80 points, a negative change of 0.63 percent, to close at 177,083.22 points against 178,200.02 points recorded in the previous trading session. The ready market witnessed a trading volume of 711.271 million shares, compared to 785.361 million shares traded in the previous session, while the traded value declined to Rs25.874 billion from Rs33.140 billion. Market capitalisation decreased to Rs19.833 trillion from Rs19.953 trillion recorded a day earlier.
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