Karachi: Investor confidence in the Pakistan Stock Exchange (PSX) remained weak at the start of the trading week and the market was once again under pressure due to the negative trend.
The 100 Index could not maintain the 149,000 mark during trading and closed at 148,815 points after a decline of 677 points. According to brokers, investors are avoiding new investments due to the uncertain economic situation and political factors, which has increased the bearish trend.
Experts say that if steps are not taken to stabilize economic policies and restore investor confidence, market volatility may increase further.
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