PSX Falls 826 Points Amid Profit-Taking

PSX falls 826 points amid profit-taking

The Pakistan Stock Exchange (PSX) closed lower by 826 points, or 0.62%, on Wednesday as investors booked profits following a choppy session. The market saw an intra-day high of 133,566 points before sliding to a low of 132,326 and settling at 132,577. Weakness in heavyweight stocks brought the index down by 397 points, although trading activity remained robust with 906 million shares changing hands. In its market review, Topline Securities remar…

KSE-100 sheds nearly 1,000 points amid selling pressure

Selling pressure was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index losing nearly 1,000 points during the opening minutes of trading on Wednesday. At 10:35am, the benchmark index was hovering at 132,419.08 level, a decrease of 984.11 points or 0.74%. Selling was seen in key sectors including commercial banks, fertilizer, oil and gas exploration companies and refinery. Index-heavy stocks including ARL, NRL, MARI, …

Bears return to PSX as KSE-100 drops over 290 points in early trading

Pakistan Stock Exchange (PSX) witnessed a bearish trend in the early trading on Wednesday and the benchmark KSE-100 Index dropped 292 points to 133,110.25 points against the 133,403.19 points in the previous session. At 9:45 am, the stock market was trading at 133,110.25 point with a negative change of -0.22%. Previous Session: Pakistan Stock Exchange (PSX) on Tuesday witnessed a volatile session; however, the benchmark KSE-100 Index closed high…