Karachi: The recent trading week at the Pakistan Stock Exchange (PSX) concluded with a negative trend for investors, resulting in a notable downturn across the market. After a week characterized by fluctuations, the market closed firmly in the red zone.
According to details, the PSX’s benchmark 100 Index registered a total loss of 2,038 points throughout the week, closing at the 159,592 level. This decline reflects growing concerns over market sentiment and broader economic slowdown. During the entire trading week, the Hundred Index oscillated within a wide band of 5,682 points, indicating extreme volatility within the market.
Reviewing the week’s performance:
- Weekly High: 163,935 points
- Weekly Low: 158,252 points
In terms of trading volume, a total of 4.43 billion shares were traded over the week, amounting to a total financial value of 180.9 billion rupees. However, even this high volume could not save the index from its downward trajectory. Market analysts suggest that concrete economic announcements and political stability will be crucial for the market to achieve stability in the coming week.
