Benchmark index falls 348 points to close at 164,776

The KSE 100 index today gave up an early 944-point gain and closed 347.97 points lower, at 164,776.44, after Monday's steep fall.

The KSE-100 closed Tuesday at 164,776.44, down 347.97 points, or 0.21 percent, from Monday's 165,124.41.

At 9:40am the index was up 944.43 points, or 0.57 percent, at 166,068.84, before that gain disappeared.

Ready-market volume rose to 383.746 million shares, while traded value fell to Rs13.104 billion and market capitalisation to Rs18.325 trillion.

Of 500 companies, 223 rose, 226 fell and 51 were unchanged.

On Monday the index fell 1,964.87 points, or 1.18 percent, to 165,124.41.

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