By Recorder Report
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a volatile trading session on Tuesday succumbed to profit-taking pressure and closed in negative territory after days of extending its record-breaking rally.
The KSE-100 Index ended on 135,940 points after losing 562.67 or 0.41 percent from the previous close of 136,502.54 points. The benchmark surged to an intraday high of 137,747.61 points, however, as the session progressed, profit-taking gripped the market, dragging the index to a low of 135,826.40, before settling at 135,939.87.
On Tuesday, BRIndex100 closed at 13,779.35 points, down by 75.86 points or 0.55 percent with a total volume of 606.36 million shares, while BRIndex30 settled at 39,618.74 points, losing 569.45 points or 1.42 percent with a total volume of 311.03 million shares.
Muhammad Hussain Athar of JS Global observed that the KSE-100 Index declined following a sustained bullish rally in recent sessions. He attributed this slight pullback to short-term profit-taking, which was expe