KARACHI: After a long bullish spell, the Pakistan Stock Exchange Tuesday opened negative losing 144.69 points to drop to 32561.53 points level in early trading.
On Monday, the PSX opened another week on a positive note as the indexes remained in the green and the benchmark KSE-100 closed at 32,706.22, 227.24 points positive. KMI 30 bagged 171.88 points and touched 55,465.77 while KSE All Share rose 124.24 points to settle at 22,752.10. The market volumes inched up from last session’s 151.181 million to 152.175 million. Commercial banks were volume leaders again. The sector gained limelight after details of injection by State Bank of Pakistan surfaced. The central bank pumped a cumulative Rs 2.370 trillion into the banking system in two separate open market operations during the last two weeks of January. Overall the sector witnessed mixed sentiments where Dawood Hercules Corporation Limited (DAWH +1.44%) appreciated the most followed by Arif Habib Corporation Limited (AHCL +1.18%).
