The Pakistan Stock Exchange (PSX) closed sharply lower on Tuesday as broad-based profit-taking and weak regional market sentiment weighed on investor confidence.
After rising more than 375 points in early trade, the benchmark KSE-100 Index reversed course and settled at 186,255.55, down 1,199.14 points, or 0.64%, from the previous close.
Market sentiment remained subdued amid declines across major Asian stock markets, including Japan, South Korea and Taiwan, prompting investors to reduce positions despite the day’s strong start.