Business

PSX sheds nearly 200 points in volatile trading

KARACHI: The Pakistan Stock Exchange (PSX) closed marginally lower on Tuesday, with the benchmark index closing with a loss of nearly 200 points as investors remained cautious amid the absence of fresh triggers.

During the trading session, the market witnessed intra-day volatility, touching a high of 183,216 points and a low of 181,499 points, reflecting a range-bound trading.

At close, the KSE-100 Index settled at 182,153.55, a decrease of 186.83 points or 0.10%. “The local bourse blew hot and cold in today’s session as bulls failed to sustain early momentum,” brokerage house Topline Securities said in its post-market report. Heavyweight selling weighed on the index, with HBL, TRG, KEL, AKBL, and BAFL jointly knocking off 461 points. Select buying in ENGROH, LUCK, FFC, and HUBC provided some cushion, contributing 738 points, though not enough to reverse the trend, it added. The inflow of overseas workers’ remittances into Pakistan stood at $3.46 billion in January 2026, the State Bank of Pakistan (SBP) data showed on Tuesday. Staff Report

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