Stocks rally was halted on Tuesday as the KSE-100 index finished on a minor decline of 13.34 points at 30,225.62, following a volatile trading with the benchmark swinging wildly in a range of 171 points.
Foreign outflow entered into the third week with sell-off worth $2.95 million worth equity on Tuesday. Added to the Monday’s overseas’ investors’ sale of $2.61m worth shares and last two weeks offloading of stocks worth $24.1m, the total outflow stood at $29.7m.
There was however, little concern as the investors concentrated on corporate results which brought out earnings growth with tidy payouts