Pakistan Stock Exchange sees bearish trend, Hundred Index falls 2,038 points

The Pakistan Stock Exchange witnessed a negative trend during the current business week. Investors remained cautious due to uncertain economic conditions, resulting in pressure in the market.

According to the data, the PSX-100 Index closed at 159,592 points with a decline of 2,038 points during the week. The index fluctuated within a range of 5,682 points during the business week.

The highest level of the index was 163,935 points, while the lowest level was 158,252 points.

During this time, investors bought and sold a total of 4.43 billion shares, worth Rs 180.9 billion. Experts say that the reasons for the decline in the market include the effects of the global market, local fiscal policies and the trend of profit-taking.

According to analysts, the market is expected to stabilise next week, provided that a clear direction emerges regarding the government’s economic policies.