Karachi – The Pakistan Stock Exchange witnessed a mixed trend during the budget-related trading week; however, the market closed on a positive note at the end of the week.
The benchmark KSE-100 index closed at 172,399 points with an increase of 1,920 points at the end of the business week. The index saw a total band of 4,661 points during the week, reflecting the uncertainty and volatility in the market.
According to the data, the index recorded a high of 173,093 and a low of 168,432 during the week. This shows that investors reacted cautiously to the budget-related news and economic indicators.
Overall trading activity in the stock market was also significant, where 3.87 billion shares worth Rs 144 billion were traded during the week. Liquidity remained intact in the market, however, the investment trend across various sectors remained balanced.
Market capitalization also saw an increase, rising by Rs 191 billion to Rs 19,120 billion. According to experts, this increase indicates that although there is volatility in the market, overall investor confidence remains intact.
Economic analysts say that the mixed market reaction during the budget week is a sign that investors are testing the impact of new fiscal policies. The direction of the market in the coming days will depend on economic stability and policy continuity.
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