KARACHI: The Pakistan Stock Exchange (PSX) landed in the red after a volatile session today (Tuesday), with the benchmark KSE-100 closed below the 48,000-point level as profit-taking and uncertainty gripped investors.
The index swayed in both directions until ending 25 points lower, going below the 48,000. At close on Tuesday, the KSE-100 registered a fall of 25.38 points or 0.05 percent to end at 47,987.14.
The index touched a day’s high of 48,154 and low of 47,931 points before settling. Volume on the all-share index declined from 839.19 million shares on Monday to 610.74 million shares. The value of shares traded during the session clocked in at Rs15.52 billion.
Silk Bank Ltd was the volume leader with 75.45 million shares, followed by WorldCall Telecom (48.19 million), and K-Electric Ltd (37.41 million).
Shares of 420 companies were traded during the day with 162 registering an increase, while those of 236 declined. Share prices of 22 companies remained unchanged.
