PSX 100 Index Sheds over 1500 Points
KSE-100 index shedding over 1,500 points amid profit-taking on Tuesday. It closed at 161,281.77, registering a decrease of 1,521.39 points or 0.93%.
Positive sentiment dominated trading at the Pakistan Stock Exchange (PSX) on Tuesday. The benchmark KSE-100 Index advanced 366.31 points, or 0.23%, and reached 163,169.46 during the opening minutes of the session.
Investor confidence improved on the back of renewed buying in key sectors such as cement, fertilizer and power generation.PSX 100 Index continues bleeding
Index-heavy stocks including Hub Power Company (HUBCO), Pakistan Oilfields Limited (POL), Bank of Punjab (BoP) and MCB Bank traded in the green.
On Monday, the KSE-100 Index closed the session at 162,803 points, marking a gain of 1,171 points.
The benchmark index traded between an intraday high of 163,935 and a low of 161,892. The upward momentum from previous sessions persisted, supported by institutional inflows—particularly from local mutual funds, as indicated by NCCPL data.
Heavyweight stocks such as FFC, ENGRO, NBP, HUBC, and TRG led the advance, collectively contributing 1,131 points to the index’s rise.
Overall market participation remained strong, with trading volumes surging to 947 million shares and turnover reaching Rs. 47.5 billion.
