KARACHI: Investor confidence in the Pakistan Stock Exchange (PSX) started the trading week on a weak note, as the market once again came under pressure from a negative trend.
The benchmark PSX-100 Index failed to hold its ground, dropping by 677 points to close at 148,815. The decline reflects a broader bearish sentiment, which brokers attribute to investor apprehension stemming from the country’s uncertain economic and political situation.
According to market experts, the current volatility could intensify if measures aren’t taken to stabilize economic policies and restore confidence among investors. This sentiment is a key factor in the market’s performance, as investors are actively avoiding new investments, further fueling the downturn.
