Karachi: Today’s at the Pakistan Stock Exchange could not bring some happiness for investors. At the end of trading, the 100 index fell 755 points to 116,020.
The market made a positive start in the early hours, and the index even reached a high of 117,424 at one point. But later, the market fell due to selling pressure and uncertainty. The range of volatility widened to 1,647 points during the trading day.
A total of 481.8 million shares were bought and sold today, with a monetary value of more than Rs 38.53 billion. There was also a clear decline in market capitalization, which fell by Rs97 billion to Rs14,193 billion.
Experts say that rumors related to the budget, global economic pressure, and rising inflation rates are affecting the decisions of investors, as a result of which there is pressure on the market.
