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

Kareena Kapoor Recalls Rushing Saif Ali Khan to Hospital After Knife Attack

The Bollywood actress reveals how she desperately searched for...

Gaza Residents Turn War Rubble Into Homemade Wind Turbines for Electricity

Gaza Residents Turn War Rubble Into Homemade Wind Turbines...

South Korea Plans Expanded Military Mission Near Strait of Hormuz

Seoul plans to expand its anti-piracy naval mission near...

North Korea Tests New Air Defence Missile System Amid Rising Tensions

Pyongyang tests a newly designed air defence system and...