PSX ends lower as 100 Index falls by 360 points despite early gains

Karachi: The Pakistan Stock Exchange had a negative trading day today, with the 100 Index closing 360 points lower at 112,564.

At one point during the day, the 100 Index rose by over 500 points, reaching 113,478, which was the highest level of the week. However, this gain did not hold until the end of the trading session, and the 100 Index ended the day 360 points down at 112,564.

During the trading day, the 100 Index fluctuated within a band of 937 points, with 59 crore shares being traded for a total of Rs30.96 billion.

The market capitalization dropped by Rs33 billion, standing at Rs13,922 billion.