Pakistan Stock Exchange (PSX) on Tuesday witnessed a volatile session as the KSE-100 Index dropped 254.31 points to 121,971.04 points following reaching 122,891.61 in the early day trading.
The market opened in green and the benchmark KSE-100 Index gained over 600 points, but could not maintain the bullish trend and fell in red due to selling pressure.
A total of 202,410,080 shares were traded during the day as compared to 1,224,178,443 shares the previous trading day, whereas the price of shares stood at Rs 15. 891 billion against Rs 25.750 billion on the last trading day.
As many as 473 companies transacted their shares in the stock market, 193 of them recorded gains and 244 sustained losses, whereas the share price of 36 companies remained unchanged.
Selling was observed in key sectors including automobile assemblers, cement, commercial banks, oil and gas exploration companies, OMCs, power generation, and refinery. Index-heavy stocks include HUBCO, ARL, PSO, SNGPL, MARI, POL, and PPL.
On Monday, the PSX witnessed a bullish trend, gaining 81.79 points, a positive change of 0.07 percent, closing at 122,225.36 points as compared to 122,143.57 points on the last trading day.
