Tuesday October 11, 2022

Bearish Trend at PSX

KARACHI: The Pakistan Stock Exchange (PSX) Tuesday reversed its uptrend as looming uncertainty dampened investor sentiment and they resorted to selling off their holdings in a volatile session.

Trading kicked off with a jump and the market remained in the green zone during the first half of the session.

However, selling pressure emerged in the second half as the index erased all gains and entered negative territory. A late-session buying spell wiped off some of the losses but still, the market closed in the red.

The benchmark KSE-100 index closed at 42,155.48 points with a decrease of 56.16 points or 0.13%.

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