The market could not build upon yesterday’s momentum as a decline of 468 points saw KSE-100 index close at 41,381. The index during the day saw a high of 41,922 and a low of 41,327
With an increase in the corona cases in the country and SAPM health, Dr Faisal Sultan hinting at new restrictions caused an uproar in the market. Also the terrorist attack in Peshawar was another reason for the downward trend.
Although, Pakistani rupee strengthened by 14 paisas against US dollar in the interbank trading on Tuesday but it was not enough to instill confidence in the investors.