Investor Concern Dominates Trading Session
KARACHI – The Pakistan Stock Exchange (PSX) witnessed a significant bearish trend on the second trading day of the week, causing the benchmark KSE-100 Index to plummet to the 157,000 level. This sharp decline has fueled visible anxiety among local investors.
By the close of the trading session, the KSE-100 Index registered a substantial loss of 3,667 points, eventually settling at 157,870 points. This sharp drop reflects heavy selling pressure prevalent in the market throughout the day.
Intraday Volatility
The market saw considerable volatility during the day; the KSE-100 Index touched an intraday high of 161,516 points before the sell-off began, pushing it down to a low of 157,765 points.
The previous day’s closing figure was 161,538 points, meaning the losses wiped out the gains seen during a recent surge where the index added 1,945 points. The abrupt decline in market value is often attributed to mounting economic uncertainty and apprehensions regarding future policy decisions.
