The Pakistan Stock Exchange’s KSE-100 index fell on Tuesday. It closed at 74,956 points.
This is a drop of 250.10 points. The previous close was 75,206 points.
Last week, the KSE-100 hit a record high. The trading session showed high volatility.
It reached 75,513 points at its highest. It dropped to 74,835 points at its lowest.
Investors still focus on the PSX. They expect key sectors to drive future moves. Out of 100 companies, 34 went up. Sixty-three went down.
Two stayed the same. One did not trade.
Commercial banks dropped by 56.4 points. The cement sector fell by 55.53 points. Auto parts went down by 41.56 points. Oil and gas dropped by 41.24 points.
Miscellaneous fell by 28.85 points.
Some sectors provided support. Power generation added 67.41 points. Technology rose by 41.68 points. Investment banks gained 14.35 points.
Leather and tanneries rose by 4.02 points. Insurance added 3.45 points.
This PSX index, which comprises the biggest corporations based on market capitalization, is the most well-known one. Every PSX market segment is represented by the stocks in the KSE 100 Index.
85% of the Exchange’s total market capitalization is represented by the Index.
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