KARACHI: The Pakistan Stock Exchange (PSX) closed in negative territory on Tuesday, with the benchmark KSE-100 Index falling 814 points to settle at 165,151.
During the trading session, the index touched an intraday high of 166,425 points and a low of 165,111 points.
A total of 446.8 million shares were traded during the session, with the value of transactions reaching Rs19 billion.
Shares of 572 companies changed hands. Of these, 120 closed higher, 324 declined, while the remaining companies recorded no change or did not contribute to the overall market movement.
The benchmark index had closed at 165,966 points in the previous session.
Market analysts attributed the decline to selling pressure as investors booked profits, pushing the benchmark index into negative territory at the close.
Earlier, The Pakistan Stock Exchange (PSX) recorded a decline of 670 points during the business week, as geopolitical tensions between the United States and Iran and concerns over a possible interest rate hike weighed on market sentiment.
The benchmark KSE-100 Index closed at 166,419 points, down from 167,089 at the end of the previous week.
During the five trading sessions, the index touched a high of 166,988 points and a low of 164,060 points, reflecting fluctuations in investor sentiment amid uncertainty over geopolitical developments and the interest rate outlook.
Market activity remained subdued as investors weighed the potential impact of regional tensions and higher borrowing costs on economic and corporate prospects.
The market’s total capitalization fell by Rs89 billion during the week to Rs18.479 trillion, reflecting a decline in the overall value of listed companies.
