Business remained in the negative zone on Wednesday at the Pakistan Stock Exchange, and the 100 index fell 118 points to 1,66,458 points during trading. During the session, the index also touched a low of 1,66,458 and a high of 1,68,160.
The index had closed at 1,67,642 points yesterday, but today the market was under pressure due to cautious positioning of investors.
According to experts, “Investors are currently uncertain about the volatility of global markets, the future of local monetary policy and the possible direction of the rupee. That is why the market has increased caution and profit-taking at the same time.”
Experts say that government announcements regarding fuel prices and fiscal decisions in the coming days can have a significant impact on the market trend.
