Pakistan Stock Exchange (PSX) witnessed a volatile session on Wednesday and the benchmark KSE-100 closed in red, following a gain of over 500 points in the early trading.
The stock market opened in green and started gaining the points, however later the selling pressure occurred and the benchmark KSE-100 index dropped 755.40 points with a negative change of -0.65%, closing at 116,020.10 against 116,775.50 points on the previous day.
During the trading session the high level of the market was record at 117,424.04 points and the low at 115,776.11 points.
A total of 247,722,286 shares were traded during the day as compared to 479,465,114 shares the previous trading day, whereas the price of shares stood at Rs30.673 billion against Rs30.449 billion on the last trading day.
As many as 451 companies transacted their shares in the stock market, 140 of them recorded gains and 260 sustained losses, whereas the share price of 51 companies remained unchanged.
On the other front, the Pakistani rupee saw marginal improvement against the US dollar, appreciating 0.11% during the opening hours of trading in the inter-bank market on Wednesday.
