The Pakistan Stock Exchange continued its downward trend on Tuesday as the benchmark index fell by 1085 points. The decline is significant as it marks a second consecutive session of losses, reflecting sustained pressure in the market.
At the start of trading, the market opened in negative territory and quickly dropped by over 1000 points. The benchmark index fell to 168,171 points during intraday trading, showing strong bearish sentiment among investors.
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Moreover, selling pressure remained dominant throughout the session. By the end of trading, the 100-index closed at 168,412 points after a total decline of 1085 points. The continuous drop highlights ongoing volatility in the market.
Additionally, trading activity remained active despite the downturn. Shares worth over Rs22.43 billion were traded, with more than 592 million shares changing hands during the session. Investor participation remained high amid fluctuating trends.
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Finally, the previous session also ended in losses, with the index falling by 1174 points. Analysts suggest that market sentiment remains weak due to uncertainty and profit-taking. The trend indicates continued cautious trading in the short term.