PSX Ends Bearish, KSE-100 Index Slips by 0.34%

The Pakistan Stock Exchange concluded the trading session on a negative trajectory, witnessing a bearish trend on Tuesday.

The benchmark KSE-100 Index experienced a decline of 225.68 points or 0.34%, settling at 65,726.04 levels at the close of the market, compared to 65,951.73 points recorded on the previous trading day.

Trading activity saw 396.59 million shares, valued at Rs16.591 billion, exchanged throughout the day, in contrast to 472.86 million shares, worth Rs16.282 billion, traded on the preceding day.

Among the 350 companies participating in the stock market, 134 recorded gains, while 202 sustained losses, with the share prices of 14 remaining unchanged.

Leading the trading activity were Kohinoor Spinning, trading 39.72 million shares at Rs5.50 per share, followed by Pak Refinery, with 34.04 million shares traded at Rs28.96 per share, and PTCL, transacting 24.85 million shares at Rs12.22 per share.

Zubair Yaqoob

Zubair Yaqoob is a senior anchor, and an investigative journalist with an impressive 37 years of experience. Zubair's journalistic journey has been marked by a relentless pursuit of truth and a commitment to delivering impactful stories. Zubair's expertise extends beyond borders, reaching as far as Malaysia, where he has left an indelible mark on the international journalism landscape. His global perspective and keen analytical skills have allowed him to navigate diverse cultural landscapes, bringing a unique and enriching perspective to his reporting. Whether he's in the studio or on the field, Zubair continues to be a driving force in the world of journalism, bridging gaps, fostering understanding, and unraveling the stories that matter most. As the Headline PK Author, Zubair remains at the forefront of news, guiding audiences through the complexities of our ever-evolving world.