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PSX: Stocks take another battering as KSE-100 loses 828 points in intraday trading
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KSE-100 index loses 828 points, or 1.84%, during trading to close at 44,223.
Nearly 232 million shares change hands during session, with a total worth of nearly Rs15.97billion.
Index dropped below 44,000 barrier twice during session before finding resistance.
KARACHI: Bears once again dominated the Pakistan Stock Exchange (PSX) on Tuesday, with the benchmark KSE-100 Index shedding more than 800 points during intraday trading to close at the 44,223 level.
The bourse, for the second-straight session this week, witnessed severe selling pressure, with the index at one point plunging by 1,105 points to reach a low of 43,946 at 12:16pm.