KARACHI The Pakistan Stock Exchange (PSX) rebounded on Tuesday following a sharp decline in previous session.

During the intraday trading, the KSE-100 index gained 1,049.07 points to 175,503, reflecting a 0.6% increase from the previous close of 174,453.93.

A day earlier, the benchmark index witnessed bearish trend, losing 5,149.79 points, a negative change of 2.87 percent, to close at 174,453.94 points compared to 179,603.73 points on the previous trading day, according to PSX data.

During the session, the ready market recorded a trading volume of 773.291 million shares with a traded value of Rs 46.242 billion, against 708.968 million shares valuing Rs 38.887 billion in the previous session. Market capitalization declined to Rs 19.781 trillion from Rs 20.359 trillion a day earlier.

Out of 487 active companies in the ready market, 65 advanced, 378 declined, and 44 remained unchanged.