Bears at PSX lose steam midway as shares make marginal losses

Bears continued their stampede on Tuesday on the trading floor as shares at the Pakistan Stock Exchange (PSX) declined by more than 200 points.

The benchmark KSE-100 index declined 768.80 points, or 0.66 per cent, to stand at 115,486.32 points at 11:04am from the previous close of 116,255.12.

Finally, the index closed at 116,052.68 points, down by 202.44 points or 0.17pc from the last close.

Awais Ashraf, director research at AKD Securities, said, “Investors are concerned...