Bears return as profit-taking halts PSX rally

Bears return as profit-taking halts PSX rally

After two days of strong gains, the Pakistan Stock Exchange turned bearish as investors resorted to profit-taking, halting the market’s upward momentum.  The benchmark KSE-100 Index remained under pressure for most of the session on Tuesday, hitting an intraday low of 1,643 points before closing at 161,281, down 1,521 points or 0.93%. Heavyweight stocks including Engro Corporation (ENGRO), Mari Petroleum (MARI), Bank AL Habib (BAHL), MCB Bank, a…