It was a difficult business week for investors at the Pakistan Stock Exchange (PSX) as a strong negative trend dominated trading sessions.
The benchmark KSE-100 Index saw a significant drop of 1,672 points over the week. By the time the market closed, the index had settled at 161,631 points.
The entire week was marked by high volatility. The market fluctuated within a wide band of 7,243 points, keeping investors on edge. The highest point the index reached during the week was 163,570 points, while it also plunged to a low of 156,327 points.
In terms of trading activity, a total of 4.77 billion shares were traded. The combined value of these transactions was 195.95 billion rupees.
This downward trend had a major impact on the market’s total value. The market capitalization (the total value of all listed companies) decreased by 252 billion rupees, bringing the new total down to 18,561 billion rupees.
