Bears return to PSX, KSE-100 index plunges 844 points

Bears return to PSX, KSE-100 index plunges 844 points

Karachi (Staff Report): The Pakistan Stock Exchange (PSX) on Tuesday once again turned bearish the KSE-100 index plunged by 844 points.


The bourse opened on a positive note, but the gain proved short-lived with investors taking profit on selective stocks and pushing the index below 43,000 points.

At close, the benchmark KSE 100-share Index recorded a decrease of 844.20 points or 1.94% to settle at 42,712.43.

Shares of 385 companies were traded. At the end of the day, 83 stocks closed higher, 287 declined while 15 remained unchanged.