Business
PSX turned bearish as KSE-100 crossed 600 points
The Pakistan Stock Exchange turned bearish in early trade on Wednesday, with the KSE-100 index dropping over 600 points.
At the start of the third session of the week, the index had fallen more than 600 points to 168,732 points. Previously on Tuesday, the benchmark index showed an upward trend, increasing by 1,421.67 points (up 0.85%) to close at 169,392.33 points compared to 167,970.66 points in the previous session.
In the ready market, the trading volume was 372,016,000 shares as against 570,472,000 shares in the previous trade and the trading value was Rs 17,210 million as against Rs 24,672 million. The market capitalization increased to Rp 18,857 billion from Rp 18,728 billion the previous day.