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Pakistan Stock Exchange (PSX) on Tuesday witnessed a volatile session and the benchmark KSE-100 Index dropped 178.69 points with a negative change of 0.16%, closing at 114,177.65 points against 114,356.34 points in the previous session.
The market opened in the red and continued a bearish trend due to selling pressure, however during intraday trading it also up to green and recovered some losses, however could not maintained the bullish trend and gain fall in red and in the end dropped -178.69 points.
The high level of the index recorded at 114,486.19 points while he low recorded at 113,610.31. In total 171,556,419 were traded while the value of these shares remained Rs.18.536 billion.
As much as 438 companies transected their shares, of which 132 companied recorded increase in share prices, 233 recorded decrease while the prices of 73 companies remained unchanged.
Selling pressure was observed in key sectors including automobile assemblers, cement, oil and gas exploration companies, OMCs, power generation and refinery. Index-heavy stocks including ARL, HUBCO, PSO, SSGC, MARI, OGDC and PPL traded in the red.
On the other hand, the Pakistani rupee registered marginal improvement against the US dollar, appreciating 0.09% in the inter-bank market on Tuesday.
