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KSE-100KARACHI: The Pakistan Stock Exchange’s (PSX) on Tuesday dropped 200 points, snapping its 11-session winning streak after the index hit 50,000 during intra-day trading.
At close, the benchmark index settled at 49,531.01, down by 200.34 points or 0.40%.
A mixed trend was witnessed in the index-heavy sectors, including automobile assemblers, commercial banks, cement, chemical, OMCs and oil and gas exploration companies.
Volume on the all-share index decreased to 368.34 million from 467.38 million a day before.
The value of shares traded declined to Rs10.4 billion from Rs14.1 billion in the previous session.
K-Electric Ltd. remained the volume leader with 65.95 million shares, followed by Pak Int.Bulk with 21.5 million shares and Maple Leaf with 20.66 million shares.
Shares of 347 companies were traded on Tuesday, of which 149 registered an increase, 186 recorded a fall, and 12 remained unchanged.
