Pakistan stock exchange closes lower as market slips into red
Business
The Pakistan Stock Exchange closed lower on Tuesday as the KSE-100 Index fell 130 points to 171,073. Mixed trading was seen, with losses outweighing gains.
KARACHI (Dunya News) – The Pakistan Stock Exchange (PSX) ended Tuesday’s trading session in the red, as selling pressure pushed the benchmark index lower and investors chose to play it safe.
The KSE-100 Index shed 130 points to close at 171,073 points by the end of the session. During the day, the index touched a high of 171,867 points, while the lowest level recorded was 170,968 points.
Market activity remained mixed, with gains in some stocks but losses outweighing advances. Out of 562 traded companies, shares of 151 companies moved up, while 287 companies witnessed declines.
Trading volume stood at 650 million shares, with the total value of transactions recorded at Rs28 billion.
Analysts said the market remained under pressure amid cautious sentiment, as investors preferred to wait on the sidelines for clearer economic signals.
Despite the downturn, experts believe the market’s fundamentals remain intact, and short-term volatility is part and parcel of equity trading.
