PSX Trades Negative as KSE-100 Drops 280 Points Amid Cautious Sentiment

Date:

Karachi, Pakistan – Web Desk: The Pakistan Stock Exchange (PSX) traded in negative territory on Tuesday, with the benchmark KSE-100 Index extending its losses as investor sentiment remained subdued .

Market Performance

By 1:00 PM, the index stood at 177,982.68, down 279.65 points (0.16%) from the previous close of 178,262.33. The market had earlier fallen to a low of 177,914.38, reflecting a decline of 347.95 points (0.20%) before paring some losses .

Trading Activity

The index touched an intraday high of 179,123.00 and a low of 177,903.87, highlighting volatile trading. Despite the negative sentiment, trading activity remained healthy, with 339.48 million shares traded and a total value of approximately Rs19.71 billion .

Outlook

Investors adopted profit-taking and cautious positioning, keeping the benchmark under pressure. Market participants are expected to monitor developments throughout the afternoon to gauge whether the index can recover further or end the day in negative territory .

admin
adminhttps://dailyeveningnews.pk
Daily Evening News is a trusted digital news platform delivering breaking news, latest updates, and in-depth coverage from Pakistan and around the world. We are committed to accurate, timely, and unbiased journalism, keeping our readers informed about politics, business, sports, technology, entertainment, and current affairs

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

PSX Rebounds 1,422 Points After SBP Holds Policy Rate at 11.5%

PSX Rebounds 1,422 Points After SBP Holds Policy Rate...

Makkah Defence Pact Is Purely Defensive, Says DG ISPR

Makkah Defence Pact Is Purely Defensive, Says DG ISPR ISLAMABAD,...

Mir Raza’s parents face pressure, commission told

Counsel Jibran Nasir alleges a late-night call was made...

PIMS inquiry finds systematic institutional failures behind fire that killed 14 newborns

Inquiry says an electrical fault in an AC supply...