Karachi: The Pakistan Stock Exchange’s 100 Index today showed an interesting mix of bullish and cautious investment. The index temporarily touched a record high of 147,534 points during trading, but closed at 146,680 points at the end of the day, indicating that investors are still cautious about market volatility.
Analysts say that the recent global economic volatility and international financial news created turmoil in the market, due to which the psychological threshold of 147,000 could not be maintained. Last Wednesday too, the index had closed at 146,529 points, which clearly shows the parallel trends of slight bullish and bearish in the market.
According to experts, the current situation also creates opportunities for investors, as new profit opportunities may emerge from market volatility.
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