After the positive beginning in the PSX, the PSX faces a downturn.
Karachi: There was a mixed trend in the Pakistan Stock Exchange today. At the beginning of the day, the 100 index witnessed a rally, and the index reached 118,950 points with a gain of 374 points. However, the mood of the market changed in the afternoon, and the index fell by 248 points to 118,327.
The volatility came at a time when the market showed tremendous momentum yesterday. The 100 index increased by 1,278 points and ended trade at 118,575, while the turnover index also touched a high of 120,067 points.
According to analysts, investors are adopting a policy of short-term profit-seeking, due to which there is immediate volatility in the market.
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