Business

Business uncertainty in Pakistan Stock Market, 100 Index down 165 points

Karachi: The cautious attitude of investors prevailed on Wednesday, the third day of the trading week at the Pakistan Stock Exchange, due to which a negative trend was observed after the volatility in the market.

During trading, the 100 index crossed the level of 140,202 points at one time, but due to profit-taking efforts by investors and external pressure, the market fell back and closed at 139,254 points, down 165 points at the end of the business.

650 million shares were traded in the market today, worth about Rs 32 billion. Yesterday, the index closed at 139,419 points.

According to financial experts, investors are focused on uncertain political conditions, inflation, and monetary policies, due to which temporary pressure is likely to persist in the market.

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