KARACHI (Dunya News) – The Pakistan Stock Exchange (PSX) witnessed mild volatility amid cautions investor sentiment during intraday trading on Tuesday.
The benchmark KSE-100 index stands at 148,801.97, marking a slight decline of 13.33 points, or 0.01 percent, from the previous close of 148,815.30 points.
The market has seen intraday movement between a high of 149,247.73 and a low of 148,681.97, indicating narrow trading margins as participants await further cues.
Analysts suggest that the subdued movement could be attributed to a mix of profit-taking and investor hesitation amid uncertainty upcoming International Monetary Fund’s (IMF) review for release of third tranche of loan to Pakistan in late September.
A day earlier, KSE-100 Index witnessed bearish trend, losing 677.75 points, a negative change of 0.45 percent, closing at 148,815.31 points.
A total of 693,301,556 shares worth Rs 26.343 billion were traded during the day.
As many as 479 companies transacted their shares in the stock market, 204 of them recorded gains and 246 sustained losses, whereas the share price of 29 companies remained unchanged.
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