A negative trend dominated the Pakistan Stock Exchange (PSX) on the fourth day of the business week, deepening the shadow of uncertainty over the country’s economy. Following fluctuations throughout the day, a major decline was recorded in the stock market, hitting investor confidence hard.
During trading today, the benchmark KSE-100 Index registered a significant drop of 481 points. As a result of this decline, the 100 Index closed at the level of 159,096 points.
The trading session saw considerable volatility. The index briefly touched its lowest level of 158,252, though it had reached a high of 160,590 earlier in the day.
This decline indicates that the market failed to sustain the previous day’s closing level, which stood at 159,578 points. Economic analysts suggest that this bearish trend is a direct consequence of the lack of stability in the country’s political and economic climate.
