Get the latest news and updates from Dawn
The Pakistan Stock Exchange’s (PSX) benchmark index on Tuesday made marginal gains as investor sentiment remained cautious over uncertainty surrounding global energy markets.
The KSE-100 index opened in the green, soaring by 2,442.72 points to reach an intraday high of 178,370.45 at 10:09am. However, the market dipped sharply from 12pm onwards, dropping below the 177,000-point level at 1:56pm.
It then finally closed at 176,133.56 points, up by mere 205.83 points (0.12 per cent) from the previous close.
Topline Securities Ltd noted that the “strong start proved short-lived, as participants opted to lock in gains at elevated levels, triggering broad-based profit-taking during the latter half of the session”.
