As the government looks to the International Monetary Fund for another round of rescue packages to boost the economy, shares at the benchmark index of the Pakistan Stock Exchange fell more than 450 points on Tuesday.
The KSE-100 index closed at 78,084.24 points, down from 78,571.06 points on the previous working day, reflecting a negative movement of 0.62%, according to the PSX website. This represents a loss of 486.82 points.
In comparison to the 512,337,206 shares traded the day before, 591,511,522 shares were moved during the day. The price of the shares was Rs17.177 billion as opposed to Rs18.894 billion on the previous trading day.
The share prices of up to 436 companies that traded on the stock market saw gains in 163, losses in 222, and no change in 51 of the companies.