Business & Economy

Pakistan Stock Market Down by 561 Points, Closes Below 139,000 Mark

PSX News

Karachi: The Pakistan Stock Exchange witnessed mixed trading on Thursday, but the bearish trend was prominent at the end. The 100 index closed at 138,692 with a decrease of 561 points, which could not even maintain the level of 139,000.
Some improvement was seen at the beginning of the market, and the 100 index reached a high of 139,867 points during the day, but later, due to selling pressure and uncertainty, the market fell, resulting in a decline in the index to a low of 138,614.
Today, 640 million shares were traded in the stock market, with a financial value of more than Rs 28 billion. Yesterday, Wednesday, the index closed at 139,254 points. According to analysts, investor confidence is shaky due to political and economic conditions, which are also having an impact on the performance of the stock market.

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