Pakistan, April 24 -- Pakistan equities closed Tuesday bearish with benchmark KSE-100 Index shedding 498 points, closing at 36,404 levels, down 1.3 percent.

The local bourse witnessed a dull trading session making a low of -766 points.

An equity analyst at IIS Securities said KSE-100 index remained under pressure throughout the session Tuesday due to uncertainty over the International Monetary Fund (IMF program. Fertilizers, commercial banks, cements, OMCs and E&Ps remained major contributors to the index's loss.

The equity market came under pressure on the continuous selling by the local institutions. Ghani (-5%), Ghandara Nissan (GHNL) (-5%) & Honda Atlas Cars (HCAR) (-5%) closed at their respective lower circuits in the auto s...