KARACHI: The Pakistan Stock Exchange (PSX) recorded volatility with mixed moves on opening day of the new business week amid cautious investor sentiment.
During the early session, the KSE-100 index climbed to 162,377.75 points before plunging to 161,440.75 points, reflecting uncertainty in the market.
As of 10:00 am, the benchmark index dropped by 426.72 points to 161,676.20 points, showing a negative change of 0.26 percent compared to previous close of 161,102.92 points.
In previous sessions, the KSE-100 witnessed a bearish trend, losing 834.01 points, a decline of 0.51 per cent, to close at 162,102.92 points compared to 162,936.94 points on the previous trading day.
A total of 768.05 million shares were traded in the ready market, with a value of Rs28.64 billion, against 725.86 million shares worth Rs35.31 billion in the previous session. Market capitalisation decreased to Rs18.512 trillion from Rs18.585 trillion.
Out of 476 active companies in the ready market, 145 closed higher, 289 declined, and 42 remained unchanged.
