Shafaqna Pakistan: The Pakistan Stock Exchange (PSX) staged a notable rebound on Tuesday, regaining lost ground just a day after absorbing sharp losses.
Early into the session, the benchmark KSE-100 Index advanced by 1,315.72 points, or 0.78%, to climb to 169,286.37 points. During active trading, the index touched an intraday peak of 169,988.11 points against a low of 169,189.29 points, with overall turnover reaching 25.60 million shares as the market remained open.
The sudden uptick provided a sharp contrast to the previous day’s slump, when the KSE-100 fell 2,541.20 points, or 1.49%, dropping from 170,511.86 points down to a closing level of 167,970.66 points.
During the previous session, trading volume in the ready market reached 570.472 million shares, down from 687.467 million shares in the preceding session. The total traded value also declined to Rs24.672 billion from Rs33.705 billion.
Market capitalisation fell to Rs18.728 trillion in the previous session, compared with Rs19.016 trillion recorded a day earlier.
Source: Dunya News
