KARACHI: The Pakistan Stock Exchange’s (PSX) Tuesday opened bearish as the benchmark 100-Index shed 87.51 points to reach 36147.48 points level in early trading.
On Monday, the PSX closed at its all-time high of 36,235 points, up 260 points from the last day. The market rose 0.72 per cent with the KSE-100 Index hovering at an intraday high of 36,300.52 points, 171 points below its all-time intraday high of 36,471 points on August 6, 2015.
The KSE-100 Index, which measures the performance of the hundred most liquid stocks, recorded an increase of 3.6 per cent in the last week. The highest average volume was clocked in at 16.6 million shares by The Resource Group (TRG) for the last 21 days, followed by 13.3 million shares of the SNGPL and 9.7 million shares of the BYCO. The overall trend of 2015 was slow but a surge has been observed in the last four months.
