The KSE-100 index posted a modest gain of 107 points on Tuesday, rebounding from a loss of over 1,100 points in the previous session. The positive momentum was fueled by a recovery in global stock markets.

The index started strong, reaching an intraday high of 77,746.56 points. But profit-taking led to a slight reduction in gains. The bulls regained some ground in the second half, but selling in the final hour limited the overall increase.

By the end of the day, the KSE-100 closed at 77,191.34 points, up 106.85 points or 0.14%. According to Topline Securities, the market’’s recovery mirrored international trends but was brief, with the index peaking at a 662-point (0.86%) increase before settling.

A total of 600,896,301 shares were traded during the day as compared to 501,191,841 shares the previous day, whereas the price of shares stood at Rs17.127 billion against Rs21.057 billion on the last trading day.

As many as 443 companies transacted their shares in the stock market, 206 of them recorded gains and 176 sustained losses, whereas the share price of 61 companies remained unchanged.