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PSX continues to decline, 100 index down 118 points

PSX News

On the third day of the trading week, the Pakistan Stock Exchange once again witnessed a negative trend and the 100 index fell by 118 points to 1,66,458 points. During trading, the market improved by 1,68,160 points, but this momentum could not be sustained in the session.

Yesterday, the index closed at 1,67,642 points, but today, cautious attitude prevailed among investors.

Market experts say that investors are currently confident about macroeconomic indicators.

According to an analyst:
“Uncertainty about inflation, future interest rates, and the outcome of government reforms has put the market in a weak position for the short term. Until a clear economic direction emerges, market volatility will continue.”

Experts also say that the next few weeks could prove decisive for the market.

Business Desk

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