Karachi – There was a decline in the Pakistan Stock Market (PSX) on the last day of February. The 100 Index ended the month at 113,251 points, down 532 points.
At the end of February, the 100 Index had lost a total of 1004 points. The index stayed in a range of 6,484 points during this time, with a high point of 115,889 points and a low point of 19,405 points. In February, people bought and sold 9.78 billion shares worth a total of Rs462 billion on the market. The market value went up by Rs73 billion, and it now stands at Rs13,980 billion.
Experts say that this drop in the market is due to the state of the global and local economies, a lack of cash, and investors’ unsure attitudes. But the rise in market value shows that investors are still confident in the long run. Analysts say that the market’s direction in the next few days will rest on the country’s economic policies, the state of the global economy, and its political and economic security. People who want to spend should be very careful when making decisions.
