Pakistan Stock Exchange sheds 468 points

By: News Desk      Published: 05:49 PM, 27 Oct, 2020
Pakistan Stock Exchange sheds 468 points

After a turbulent session, the Pakistan Stock Exchange shed 468.64 points with the KSE-100 Index closing at 41,381.83 thanks to a selloff on Tuesday during which the share prices of 252 companies were down.

Only 95 entities saw their value going up with no change in the prices of the remaining 13 after the market registered a trading volume of 481,047,352 shares.

The market sentiments can be gauged by the fact that seven out of the 10 most active stocks witnessed a cut in their share prices. 

It was a dreadful day for the sectors like automobile, banking, cement, insurance, oil and gas exploration and textile as the companies suffered huge losses after making some gains in the previous sessions after since Oct 6.