Pakistan Stock Exchange (PSX) saw another day of losses on Tuesday as the KSE 100-Index dropped by more than 800 points due to global market volatility, profit-taking, and political uncertainty weighed on investor sentiment, reported 24NewsHD TV channel.
At the close of business, the KSE-100 Index lost 809.63 points or -0.72% to reach 111,935.38 points.
Analysts attributed this negative trend to the global downturn on tariff concerns despite low inflation data, saying that the investor sentiment was largely influenced by the growing concerns over escalating trade tensions and the potential impact on global economic stability.
On Monday the benchmark KSE-100 index shed 1,510.72 points at the closing of the market.
The 100-Index declined by 1,510.72 points, a negative change of 1.32 percent and closing at 112,745.01 points.
A total of 401 million shares were traded during the day as compared to 543 million shares the previous trading day, whereas the price of shares stood at Rs20.35 billion against Rs27.973 billion on the last trading day.
The three top trading companies were WorldCall Telecom with 26 million shares at Rs1.63 per share, Bank of Punjab with 24 million shares at Rs10.23 per share and Ghani Chemical with 22 million shares at Rs20.03 per share.
Reporter: Ayaz Rana