Karachi: Pakistan Stock Exchange (PSX) witnessed limited improvement in the index during the last trading week. The 100 index closed at 154,439 points after increasing by 162 points. This increase is apparently positive but market volatility kept investors cautious.
During the week, the Hundred Index traded in a range of 3456 points. The highest level was 157,816 points, while the lowest level was recorded at 154,360 points. These figures show that investor confidence in the market is still uncertain.
In terms of trading volume, 5.45 billion shares were traded, worth about Rs 260 billion. Although market capitalization increased by Rs 55 billion to Rs 18,188 billion, experts say the increase does not appear to be sustainable.
Economists say the current trend reflects that investors are still cautious about the country’s economic policies and external pressures. Uncertainty in global markets, fluctuations in the value of the rupee and concerns about future fiscal policies are preventing investors from making long-term decisions.
According to analysts, to further stabilize the market, it is necessary for the government to introduce investor-friendly policies, work on tax reforms and restore the confidence of foreign investors. Otherwise, the current improvement may prove to be temporary.
