KARACHI: The Pakistan Stock Exchange (PSX) on Tuesday witnessed a mixed session as the KSE-100 Index closed 0.1% down amid political and economic uncertainty that kept market participants on the sidelines.
At close on Tuesday, the KSE-100 Index recorded a decrease of 40.47 points or 0.1% to close at 40,877.98.
Although the market touched an intraday low before noon, trading started off on a mixed note. The market became range-bound in the second part of the session and finished with a slight loss.
Automobile, cement and banking sectors closed with losses while chemical and oil spaces ended with gains.
Sectors driving the benchmark KSE 100 index lower included miscellaneous (55.14 points), banking (27.37 points) and cement (18.67 points).
Volume on the all-share index dropped to 142.8 million from 195.5 million on Monday. The value of shares traded fell to Rs4.2 billion from Rs5 billion recorded in the previous session.
WorldCall Telecom was the volume leader with 6.1 million shares followed by Cnergyico PK with 4.8 million shares and Unity Foods with 4.7 million shares.
Shares of 309 companies were traded on Tuesday, of which 134 registered an increase, 153 recorded a fall and 22 remained unchanged.