Karachi: The Pakistan Stock Exchange (PSX) had a mixed trading week, but overall the market ended the week on a positive note with a slight improvement.
The 100 Index closed at 1,63,806 points at the end of the week after gaining 708 points. The index traded in a band of 9,883 points during the trading week, reflecting the volatility in the market.
The index recorded a high of 1,67,561 points during the week while the low was 1,57,678 points. Investors continued to invest cautiously, resulting in significant volatility during the sessions.
9.13 billion shares were traded in the market during the week, while the total trading volume was Rs 277.87 billion.
On the other hand, there was also an improvement in market capitalization, which reached Rs 18,968 billion after an increase of Rs 57 billion in a week.
According to analysts, despite political uncertainty and global financial trends, local investors maintained confidence in the stock market, however, investors are likely to adopt a cautious policy next week.
