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 .

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