-Advertisement-

PSX Slips into Red Amid Profit-Taking and Cautious Market Mood

- Advertisement -

Pakistan Stock Exchange (PSX) saw a volatile trading session on Tuesday, with early gains giving way to profit-taking by investors amid cautious sentiment in Asian markets. The KSE-100 Index climbed to 187,829.72 but later fell to 187,018.89 due to selling pressure across sectors like automobile assemblers and oil marketing companies.

By mid-morning, the benchmark index was down 235.24 points or 0.13%, trading at 187,219.45. Despite healthy market participation of 251.22 million shares valued at Rs18.90 billion, investor sentiment remained cautious with regional equity markets largely lower.

- Advertisement -

Market participants noted selective profit-taking after recent highs and a wait-and-watch approach as they await fresh domestic triggers to guide the market’s next move.

- Advertisement -

Stay updated with the latest and breaking news directly on your mobile phone by joining Headline PK's WhatsApp group!

 

 

Latest stories

-Advertisement-

Highlights of the Week
Related

Xenith PR partners with IoBM to bridge Pakistan’s corporate communications gap

Karachi: Xenith PR, one of Pakistan’s leading PR and...

Meezan Bank Strengthens Payment Security with PCI DSS v4.0.1 Certification

Meezan Bank, Pakistan’s first Islamic bank and one of...

foodpanda Announces Major On-the-Spot Rider Recruitment Drive in Karachi with Lucrative Benefits and Exclusive Prizes

foodpanda, Pakistan’s leading online delivery platform, has announced a...
-Advertisement-