Karachi: The Karachi Stock Exchange experienced subdued trading on Tuesday, with selective gains in banking and oil and gas sectors, while overall market sentiment awaited significant catalysts. The KSE100 index fluctuated between a high of 77,930 points and a low of 77,460 points throughout the day.

According to JS Global, investors showed particular interest in the banking and select oil and gas stocks, which could be a strategy for accumulating positions during market dips. The report suggests a consolidation phase in the market, offering opportunities in the fertilizer, technology, cement, and oil and gas sectors moving forward.

The trading volume for the day stood at 471.75 million shares, valued at Rs 16.92 billion. The sectors that led the gains included technology, with TRG topping the gainers’ list, and energy, where notable stocks like OGDC also showed significant transactions. On the downside, sectors such as construction and textiles saw some of the biggest losses, impacting overall market dynamics.