Abb Takk News

PSX Maintains Seven-day Winning Streak

KARACHI: Bears were back in control as the seven-day win streak snapped on Tuesday, as the index remained under pressure over economic uncertainty and fall in global crude oil prices.

At close, the benchmark KSE 100-share Index recorded an increase of 603.50 points, or 1.83%, to settle at 33,636.82 points.

Overall, trading volumes decreased to 243 million shares compared with Monday’s tally of 392.16 million. The value of shares traded during the day was Rs8.9 billion.

Shares of 388 companies were traded. At the end of the day, 130 stocks closed higher, 243 declined and 15 remained unchanged.