Karachi: The business environment on the Pakistan Stock Exchange today could not prove to be very favorable for investors. On the second day of the business week, the market remained in the grip of bearishness, and the 100 Index recorded a significant decline. At the end of trading, the index fell 752 points to close at 160,935 points.
The index continued to move in different directions throughout the market session. At one point during the trading session, the index was seen at a high of 162,344 points, while at another time the market also fell to a low of 160,583 points.
A total of 1.54 billion shares were traded by investors today, worth approximately Rs 38.78 billion. The trading volume remained reasonable; however, the negative impact on the index prevailed.
The market had closed at 161,687 points yesterday, compared to which a clear decline was seen today, which shows the cautious strategy of investors.
