Investors remained cautious during the budget trading week at the Pakistan Stock Exchange, but the market closed in the positive zone at the end of the week.
The KSE-100 index closed at 172,399 points with a gain of 1,920 points. However, the index fluctuated by 4,661 points during the week, reflecting the ongoing uncertainty in the market.
The index recorded a high of 173,093 and a low of 168,432 during the week. This difference indicates that investors are closely watching budget-related decisions and economic indicators.
Trading activity in the market also remained strong, with 3.87 billion shares traded during the week, with a total value of Rs144 billion. This indicates that liquidity remained in the market and investor interest remained intact.
Moreover, the market capitalization increased by Rs 191 billion, after which it reached Rs 19,120 billion. According to experts, this increase is a sign that the fundamental level of confidence in the market is maintained, although there was volatility in the short term.
Analysts say that the budget week often proves decisive for the market, and this time too, investors traded cautiously, keeping in mind the impact of policy announcements. The market trend in the coming weeks will depend on economic stability and clarity on government policies.