Karachi: The Pakistan Stock Exchange (PSX) witnessed an overall negative trend during the last business week, as a result of which the KSE 100 Index closed at 153,866 points after a decline of 3629 points.
According to the weekly report, the index fluctuated significantly due to cautious investor behaviour and pressure in the market.
During the business week, the KSE 100 Index remained in a band of about 14,505 points. During this period, the market’s highest level was 158,624 points, while the lowest level was 144,119 points.
The market was also active in terms of trading volume. During the entire week, 2.25 billion shares were traded, with a total value of about Rs 132 billion.
On the other hand, the total value of the market also saw a decline. The market capitalization of the Pakistan Stock Exchange decreased by Rs 369 billion to Rs 17,329 billion.
According to experts, investors may adopt a cautious strategy in the coming weeks, taking into account economic indicators, policy decisions and global market trends.
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