Pakistan stocks slide as KSE-100 Index closes in negative territory after volatile session
Business
Pakistan stocks fluctuated as benchmark KSE-100 index surged early but closed negative, reflecting selling pressure and investor caution amid market volatility during trading session today.
KARACHI (Dunya News) – The benchmark index at the Pakistan Stock Exchange closed in the negative zone after witnessing sharp fluctuations during Tuesday’s trading session in Karachi.
At the start of the second trading day of the business week, the market showed strong bullish momentum, with the KSE-100 Index gaining more than 1,600 points to reach 176,131 points.
However, heavy selling pressure emerged during trading hours, pushing the market into negative territory. By the end of the session, the index dropped 1,303 points to close at 173,150 points.
In the previous trading session, the KSE-100 Index had already declined by 5,149 points, closing at 174,453 points.
Market analysts attributed the volatility to profit-taking and cautious investor sentiment.
