PSX Loses 561 Points Amid Volatility, Fails to Maintain 139K Level

Karachi: The Pakistan Stock Exchange (PSX) witnessed a bearish trend on Thursday, the fourth day of the trading week, after a period of volatility, and the 100 index closed at 138,692 points, down 561 points. The psychological threshold of 139,000 could not be maintained, which led to uncertainty among investors.
During the trading day, the 100 index reached a high of 139,867 points, but the market remained under pressure until the end and also reached a low of 138,614 points.
A total of 640 million shares were bought and sold in the stock market today, worth about Rs 28 billion. It should be remembered that the 100 index closed at 139,254 points on Wednesday. According to experts, political and economic uncertainties are becoming the main reason for volatility in the market.