Karachi: The Pakistan Stock Exchange witnessed a sharp decline on the last day of the trading week, as investors remained cautious due to political and economic uncertainties.
The 100 Index recorded a significant decline of 1,996 points at the start of trading, after which the index reached 1,62,534 points. The market was under pressure due to profit-taking and cautious investors.
According to economists, the main reasons for this decline include political uncertainty, lack of continuity in economic policies and volatility in global markets. These factors have had a negative impact on investor confidence.
It should be noted that the market had closed with a negative trend yesterday too, when the index fell below the 1,65,000-point mark. Analysts say that only policy continuity and economic clarity can restore stability in the market.
