KSE-100 Rises 491 Points on Positive IMF Fund News

The PSX loses 663 points

Islamabad: The PSX witnessed a volatile session on Tuesday losing 663 points.

The index opened at 73,866 points, dipped to a low of 72,476 points, and eventually settled at 72,589 points, marking a decrease of 0.91% or 663 points.Business community witnesses slight improvement in sentiments: Survey

The negative trajectory was primarily influenced by companies such as SYS, MEBL, MARI, OGDC, and ENGRO, collectively contributing to a loss of 280 points. Today’s selling pressure can be attributed to the anticipation of higher tax in upcoming budget, scheduled for tomorrow.

Trading activity remained strong throughout the day, with over 371 million shares traded, amounting to a total value of Rs11 billion. KEL led the volumes chart, with over 45 million shares traded.

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