Business & Economy

Downward trend on the Pakistan Stock Exchange on the second day of trading this week

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Karachi: The Pakistan Stock Exchange (PSX) went down on the second day of the business week. The PSX 100 Index dropped by 308 points to end the day at 114,495.

During the trade day, the index moved up and down within a range of 1,475 points, with 115,773 being the highest point.

Today, a total of 65.94 million shares were moved, worth a total of 39.64 billion rupees. Because of this, the market value went down by Rs. 25 billion and ended at Rs. 14.197 trillion.

Analysts say that the drop is due to investors being cautious and larger economic forces that are changing the way people trade on the market.

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