Tuesday April 26, 2022

Bearish Trend At PSX

KARACHI: The Pakistan Stock Exchange (PSX) failed to continue the positive momentum and declined on Tuesday as it witnessed selling pressure due to the depleting foreign reserves and economic situation.

The benchmark KSE-100 surged in early trading and reached its highest point of 46,184.55 points before it plunged throughout the day before trading was suspended. The bourse decreased by 255.58 points, with a negative change of 0.55 percent, and closed at 45,817.67 points. The total volume of shares also declined to 93.619 million valued at Rs4.54 billion.

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