Business

Pakistan’s stock market starts the week on a weak note

KARACHI: The trading week at the Pakistan Stock Exchange began on an uncertain and mixed trend. The market continued to fluctuate on Monday, and investors appeared to be taking a cautious approach. During the day, the 100 index reached a high of 120,285 points at one time, but later, due to selling pressure, the index closed at 119,619 points with a slight decrease of 29 points.

At the end of the last trading session, the index was at 119,649 points, i.e., the overall trend of the day was negative. Economists say that due to the arrival of Budget 2025, uncertainty in economic policies, and the situation in global markets, investors are avoiding quick decisions. There are no signs of stability in the market.

Investors are being advised to adopt a long-term strategy in the current circumstances. If the government takes positive steps for the stock market in the upcoming budget, the market may see a new wave of boom. At present, international investors are also closely monitoring the pace of Pakistan’s economic recovery.

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